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February 2014 saw Facebook acquire popular cross-platform mobile messaging company WhatsApp for US $ 16bn and US $ 3bn in restricted stock units . The acquisition was reported to support the two companies ’ mission to increase connectivity and utility across the world by providing efficient and affordable core internet services . “ WhatsApp is on a path to connect one billion people . The services that reach that milestone are all incredibly valuable . I ’ ve known Jan for a long time and I ’ m excited to partner with him and his team to make the world more open and connected ,” commented Mark Zuckerberg , founder and CEO of Facebook .

businesschief . com