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WhatsApp Says Facebook Buying Them Out is Just a Rumour

Last night TechCrunch reported on a rumour popular cross platform messaging app WhatsApp was in talks to be acquired to Facebook. Now, AllThingsD reports their sources say talks aren’t happening. The latter was able to get a statement from WhatsApp regarding the story in question:

“The TechCrunch article is a rumor and not factually accurate. We have no further information to share at the moment.”

Facebook also gave a statement to say they don’t comment on rumours or speculation.

WhatsApp remains a cross platform messaging juggernaut, as it is privately valued in the hundreds of millions of dollars, backed by funding from VC firm Sequoia Capital. The app currently sits in the number one paid app spot in more than 100+ countries within the App Store. Just this August, the service was handling 10 billion messages per day.

So there you have it folks–rest assured that WhatsApp isn’t going anywhere (for now).

Founder and Editor-in-Chief of iPhoneinCanada.ca. Follow me on Twitter, and @iPhoneinCanada, and on Google+.

  • draz

    In other news Facebook’s stock price continues to fall