Facebook Reveals WhatsApp’s Financial Results; Heavy Net Losses in 2013, First Half of 2014

by David Cohen
As a result of the official closing of Facebook’s acquisition of cross-platform messaging application WhatsApp, the first clear picture of WhatsApp’s financial results emerged in the form of a Form 8-K/A filed with the Securities and Exchange Commission by its new parent company Tuesday, and the picture wasn’t a pretty one when it came to net loss.Read the full article