So, everyone's going to delete WhatsApp in the morning...
Facebook is buying WhatsApp for $19bn. Seeing as everyone hates Facebook and cried into their laps when they took over Instagram and have a bit of a problem with personal privacy, you can imagine that there's going to be a lot of sulking and people deleting their WhatsApp accounts.
Any Facebook takeover is viewed like the time Rupert Murdoch bought MySpace, but of course, despite the widespread moaning about Facebook, it is still doing a roaring trade and loads of people still use Instagram.
It looks like Facebook are gradually moving away from a central One Social Network Fits All, and looking to have a load of separate apps that they control instead. Wise.
With WhatsApp having (reportedly) 400m users worldwide, it was only a matter of time before someone bought them out. We spoke about WhatsApp being 'more important' than Facebook recently, and now Facebook have it all to themselves, dwarfing Google's $1bn bid for the company last year.
"WhatsApp is on a path to connect 1 billion people. The services that reach that milestone are all incredibly valuable," said Mark Zuckerberg, Facebook’s CEO. "I’ve known Jan [Koum, WhatsApp’s founder] for a long time, and I'm excited to partner with him and his team to make the world more open and connected."
Koum said: "WhatsApp’s extremely high user engagement and rapid growth are driven by the simple, powerful and instantaneous messaging capabilities we provide. We’re excited and honoured to partner with Mark and Facebook as we continue to bring our product to more people around the world."
Of course, the BBC reported the news in a much sexier way than everyone else. Anyway - do you care who owns WhatsApp?