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What is WhatsApp? Investors Seek to Know after Facebook Acquisition

The question on investors minds, what is WhatsApp? If you aren’t already on the booming chat application yet, you soon will be.

WhatsApp, launched in 2009, has 450 million users globally. Facebook Inc. CEO Mark Zuckerberg predicts it will reach 1 billion in a few years.

WhatsApp Boom?

WhatsApp Messenger is a cross-platform mobile messaging app which allows you to exchange messages without having to pay for SMS. WhatsApp Messenger is available for iPhone, BlackBerry, Windows Phone, Android and Nokia.

WhatsApp is starting to work again after the messaging app that Facebook is buying for $19 billion had some technical trouble.

Associated Press reporters noticed that the app wasn’t functioning Saturday starting at about noon PST, but by 2:30 p.m., Twitter users around the world began saying WhatsApp is working again.

WhatsApp and Facebook didn’t respond to emails seeking comment, but the WhatsApp Status account on Twitter said service had been restored and apologized for the downtime.

Service outages are common for rapidly growing technology companies, and the WhatsApp Status account has tweeted about an outage about once a month going back through May.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

What is WhatsApp? Investors Seek to Know after Facebook Acquisition.

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