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Facebook, Whatsapp distance themselves from acquisition rumours

Facebook, Whatsapp distance themselves from acquisition rumours

By NDTV Correspondent | Updated: 4 December 2012 13:09 IST

Facebook and Whatsapp have both moved to distance themselves from rumours that the social-networking giant is looking to acquire the popular messaging app.

In separately issued statements to AllThingsD, Whatsapp denied reports that emerged on Monday while Facebook issued a more generic response.

But the Facebook acquisition talks aren't happening, said multiple sources. WhatsApp gave us the following statement: "The TechCrunch article is a rumor and not factually accurate. We have no further information to share at the moment."
Meanwhile, Facebook gave a standard non-helpful statement of: "We don't comment on rumors or speculation."

Whatsapp is a multi-platform messaging app that providers users an easy way to share text messages, pictures, videos and other files. It is available in over 100 countries and, as per stats revealed by the company in October 2011, used to send over one billion messages a day. In August 2012, the company declared that it had set a new daily record with 4 billion inbound messages and 6 billion outbound messages, recording an astounding 10 billion total messages in a single day.

Facebook, on the other hand, has over one billion active users. The social networking company had acquired photo-sharing company Instagram for $ 1 billion in its most high profile acquisition till date.

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