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      Archive: 2/20/2014
      02:12
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      News Brief

        2/20/2014, Adar 20, 5774

      Facebook Pays More than $16 Billion for WhatsApp


      Facebook said Wednesday it was buying the fast-growing mobile messaging service WhatsApp for more than $16 billion in cash and stock, AFP reported.

      The deal bolsters the world's biggest social network by adding the 450 million users of WhatsApp, which will be operated independently with its own board.