DP2Web

The Internet.org Innovation Challenge in India bolsters our vision of a joined world by perceiving individuals why should working make the internet more relevant to women, understudies, farmers and migrant laborers in India. We will probably empower the advancement of applications, sites and online administrations that give genuine quality to the individuals from these critical groups. In India, just 18 percent of the population has access to the internet. To get one billion individuals India online, the internet should be open, moderate and, in particular, we have to individuals comprehend the conceivable outcomes accessible to them online. Each of the entries we got has a section in making an associated India and we are eager to declare the 12 winners crosswise over four categories: Farmers, Migrants, Students and Women. We are displaying four $250,000 USD Innovation Challenge Award prizes: one to the main application, site, administration or thought that best addresses the iss

Facebook is purchasing gigantic messaging application Whatsapp for $12 billion in stock and $4 billion in cash. This is 45th merger and acquisition by the company.  Whatsapp has 400 million users.  Facebook in past puchased huge photosharing app Instagram for $1 billion on April 9, 2012.  Company stock falls 2.5% after few hours following WhatsApp purchase. [Source: Techcrunch ] Here is the press release: On February 19, 2014, Facebook, Inc. ("Guardian") entered into an Agreement and Plan of Merger and Reorganization (the "Merger Agreement") with Rhodium Acquisition Sub II, Inc., a Delaware company and wholly claimed (to some extent specifically and partially in a roundabout way) subsidiary of Parent ("Acquirer"), Rhodium Merger Sub, Inc., a Delaware partnership, an immediate wholly possessed subsidiary of Acquirer ("Merger Sub"), Whatsapp Inc., a Delaware enterprise ("Whatsapp"), and Fortis Advisors LLC, as the stockholders