Monday, March 2, 2015

Facebook acquires WhatsApp for $19 Billion

Facebook announced her acquisition of Whatsapp on February 19, 2014 for  $19 Billion,, an app most American pundits had never used — it seemed ludicrous. Zuck had to be crazy, right?

Without WhatsApp, Facebook’s international situation would look a lot dicier. And if a competitor like Google acquired it instead, it could have been disastrous.
Instead, Facebook possesses the most popular messaging app, and has neutralized the biggest threat to its global domination of social networking.

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