sent a tes message to someone using the what s app message service owned by facebook. authorities don t know who he was communicating with. unlike a normal text message or social media account, what sapp uses something called end to end encryption, which means only the sender and the recipient have access to the message. no third parties. whatsapp said private communication is part of its core beliefs. in fact, company said the service is so secure that not even company technicians can access the messages. but the head of the u.k. s homeland security department said encrypted messaging sites are helping the terrorists. watch. it is completely unacceptable. there should be no place for terrorists to hide. we need to make sure that organizations like whatsapp and plenty of others like that don t provide a secret place for terrorists to communicate with each other. reporter: the homeland
secretary is pushing for whatsapp to kre kwraeucreate a . it s unlikely whatsapp will fly. like apple requiring it to provide the fbi access to phones following the san bernardino terror attack in 2015. apple argued that forcing it to write new software violates first amendment. social media companies have also been criticized for not blocking isis manuals showing how to better use your vehicle to attack people and other jihadist propaganda as well. sandra? sandra: going to be very interesting to see how that plays out. trace, thank you. some big news breaking in the world of football. the oakland raiders have just won approval from nfl owners to relocate to las vegas. the team is in the planning stages of a nearly $2 billion, 65,000 feet stadium that would be located on the vegas strip. but that isn t expected to open until 2020 at the very earliest.
attack and kill americans around the fourth of july holiday. more than 10 people were arrested in the last month as officials warned of isis inspired terror threats. as nbc s pete williams reports, new technology is making it harder to track terror suspects online. reporter: the fbi says all were communicating with isis figures overseas responding to social media messages advocating violence blasted out to cell phones. there is a device almost a devil on their shoulder all day long saying kill kill kill kill. reporter: the fbi says isis directs those who respond to the tweets to use applications like what sapp and threema that incrypt a message as soon as it is sent and don t unscramble it until it is received. the company handling the message can t read it either even when the government comes with a court order. our job is to look at a hay stack the size of this country for need thalz are increasingly invisible to us. reporter: but many internet security experts say what th
to be what sapp, a lot of money in that. try $19 billion. that s how much facebook is paying for whatisapp, a little known messaging service. $19 billion. now i know why that 23-year-old founder of snapchat didn t snap at the $23 million that offered for his company last year. he figured he would roll the dice, wait for a better deal. sound crazy? maybe not. if it doesn t sound frosty to you, it does to me. maybe it is just me, but i think i have seen this game before. the last new paradigm, where it wasn t the dimes companying were making but the promises they were offering that really mattered. remember all those companies that achieved sky high valuations based not so much on their profits but on their protential? there is nothing wrong with investing on a hunch, but if i m facebook and i m plunking down $19 billion for a company that hasn t even beenand two years, i hope i m going on more than a hunch. then again, i m facebook, right? and come to think of it, i m
know ground in colorado. martha: well, facebook shelling out $19 billion to buy the text-messaging service called what s app. the deal highlights a trend among new technology companies creating massive wealth with virtually no job creation to speak of. facebook is worth $170 billion. only needs 6,000 people though to make it work. what sapp, only 50 employees to spread that money around. stu varney joins us, host of varney & company from the fox business network. you felt it is a important deal announced today. this is astonishing deal. this company is valued at $19 billion and only got 55 employees. at this price, at this value, what s app is worth more, about the same as macy s or the gap or sherwin-williams. it is worth more than victoria