This is a company with 450 million users in the 70 of those are daily users that send 18 billion messages per day. That is nearly the equivalent of all of the text message is sent around the world combined. The ceo is joining the facebook ward. This is a guy who grew up on food stamps and was so poor he could not afford to call his family back home in the ukraine. His cofounder got turned down for jobs at facebook and twitter. The result is the two of them after leaving yahoo started a messaging service that anyone could afford and just a zico, he found himself eating Chocolate Covered Strawberries at the home of Mark Zuckerberg on valentines day, striking a deal that will make him and his 50 employees very rich. Us onlichman is joining this from l. A. A and christinalesci is in new york. You made it sound like a very romantic courtship. You are right, these are two people who know each other pretty well. Mark zuckerberg has a huge amount of respect for this platform. We now have a bet
Social network spend a fortune on a fortune on the fiveyear old instant messaging service . We got paul kedrosky, bloomberg contributing editor, also deals reporter cristina alesci. 19 billion. It is a huge number. How does facebook justify this . Number. It is a big i was just looking at the numbers last night, the largest Venture Capital based company in history which is remarkable, so the way to get at this kind of valuation is on a basis. 400 million users, maybe a billion by the end of the year, adding a million users a day. So on a per user basis, which is the metric we use with the instagram acquisition, dating back to these network of acquisitions come about 40, which puts it on par with apps of with other acquisitions of this area. Lets notw, cristina, forget that snapchat turned down 3 billion dollars from facebook. To that have an effect, cristina alesci, on the valuation for what we are seeing on whatsapp . It is unclear, but facebook needs to grow users, and how much they
Once again, it is ukraine. The ceasefire declared last night failed to hold. The independent square was covered in fire and smoke. The list of casualties is growing long and the International Call for action is growing louder. We continue to stress to the ukrainian government, they have the primary responsibility to prevent the kind of terrible violence we have seen. To withdraw riot police, to work with the opposition. It is the regime that created this, by undertaking positions that went against the nature and aspirations of ukraine. For that reason, we hope the government responsible. It will be necessary to discuss specific sanctions to show it is important the political process start again. We cannot accept what is happening. Those who committed violent deeds, those getting ready to commit more, must know there will be sanctions. There will be a meeting of Foreign Affairs in europe and the question of sanctions and their degree and the targeting, this question will be asked. Those
Stay with the times. Lets kick it off with what everyone is kicking off talking about. Once again, it is ukraine. The ceasefire to clay i failed to hold. The independent square was covered in fire and smoke. The width of the list of casualties and the International Call for action is growing louder. Government,nian they have the primary responsibility to prevent the kind of terrible violence we have seen. To withdraw wide police, work with right police, work with the union. It is the regime that created created this, by undertaking positions that went the ukraine and the state. It will be necessary to discuss pacific actions to show it is important we cannot accept what is happening. Those who committed violent deeds, those getting ready to commit more, must know there will be sanctions. There will be a meeting of Foreign Affairs in europe and the question of sanctions and their degree and the targeting, this question will be asked. Those ministers from germany, france, poland, met wit
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