The social network is throwing down billions of dollars of cash and stock -- eventually totaling $19 billion -- to buy the messaging app that has ballooned to a third of Facebook's size.
That's about half of what Facebook will pay to acquire the WhatsApp messaging service and its 450 million users.
The Sunnyvale, Calif.-based company is making another move in its push into big media, according to a report by The Wall Street Journal.
Onavo expects that its technology will help Facebook's efforts to spread Internet access worldwide through Internet.org
The company will pay around $800 million for Braintree, which provides a payment system for online and mobile startup companies.
As part of $7.2 billion deal, Nokia CEO Stephen Elop will step down to become an executive vice president of the division.
The iPhone maker has reportedly offered $280 million to acquire Israel-based 3D-sensor company Primesense.
The carrier has reached an agreement to buy the prepaid wireless provider, which operates the Cricket brand, for $15 a share in cash.
Teaming with the Chernin Group gives AT&T some extra leverage in a battle against Time Warner Cable, Yahoo, and others.
Facebook gets the go-ahead to buy the popular mobile photo-sharing app as the FTC ends its investigation of the deal.