Facebook's $19 billion purchase of mobile-messaging service WhatsApp appears to have buoyed the value of BlackBerry Messenger -- and by extension, BlackBerry. BlackBerry shares went up nearly 10 percent in after-hours trading because, in the words of Reuters, Facebook's purchase "put a rough valuation metric around the smartphone maker's own BlackBerry Messaging service," also known as "BBM." WhatsApp came to the party after BBM but flew past its predecessor, which had long refused to open itself up on other platforms.WhatsApp Gives BlackBerry a Bounce
Facebook's $19 billion purchase of mobile-messaging service WhatsApp appears to have buoyed the value of BlackBerry Messenger -- and by extension, BlackBerry. BlackBerry shares went up nearly 10 percent in after-hours trading because, in the words of Reuters, Facebook's purchase "put a rough valuation metric around the smartphone maker's own BlackBerry Messaging service," also known as "BBM." WhatsApp came to the party after BBM but flew past its predecessor, which had long refused to open itself up on other platforms.
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