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Telugu Talks.Com

Facebook has agreed to acquire mobile-messaging app WhatsApp for as much as $US19 billion ($21 billion) in cash and stock, seeking to expand its reach among users on mobile devices.

The deal includes $US12 billion in stock, $US4 billion in cash and $US3 billion in restricted shares, Facebook said in a statement on Wednesday in the US (Thursday morning AEDT). WhatsApp has more than 450 million members, with 1 million users being added daily, Facebook said.