Facebook is paying up to $19bn in cash, stock and earnouts to acquire WhatsApp Messenger, the world’s most popular mobile chat app with more than 450m regular users. Here Tim Bradshaw and Hannah Kuchler brought live reaction and comment from Facebook’s conference call.
Credit to CaixaBank.
While its counterparts still mainly “interface” with customers on-the go through basic ATMs, the Spanish lender has come up with apps for the latest smartwatches and Google Glass. Read more
Google is expanding the number of people who can get hold of Glass, as the FT reported late last year. Now a few friends of each of its first “Explorers” and selected other developers can purchase the experimental wearable device.
With all those new lenses wandering around, it hasn’t escaped Google’s notice that its wearers are getting “a lot of attention”. Google has talked to its existing community of Explorers for some tips on how to deal with the rest of the world, finally acknowledging that it can look “pretty weird”. Read more
Payments start-up Stripe is betting that retailers will leap at the chance to sell to an international audience, if only a company like Stripe were there to make it easier.
The company, run by Irish brothers John and Patrick Collison, is launching a feature allowing sellers who use its platform to price their goods in more than 130 currencies. Stripe takes a fee for the conversion, but handles the paperwork and bank transfers that can make cross-currency a hassle. Read more
Millions of addicted gamers are in a flap over the untimely death of Flappy Bird.
The Vietnamese creator of the most popular mobile game of 2014 has removed the app from sale after saying its internet fame “ruins my simple life”, despite making him tens of thousands of dollars a day. Read more
In the battle between old and new media, Time Warner’s premium cable channel HBO still rakes in more money and global subscribers but television streaming service Netflix is quickly gaining ground, writes Emily Steel.
Time Warner released separate financial figures for HBO for the first time on Wednesday, prompting comparisons with Netflix which famously overtook HBO in US subscribers in November. Read more