The Latest in IT Security

Facebook CEO riding high – for now, after WhatsApp deal

25
Feb
2014

By Alexei Oreskovic and Leila Abboud SAN FRANCISCO/BARCELONA (Reuters) – Facebook Inc Chief Executive Officer Mark Zuckerberg took a victory lap at the worlds largest mobile technology conference in Barcelona on Monday, after beating out Google Inc in a $19 billion acquisition of free messaging service WhatsApp. Just 18 months after appearing at risk of getting crushed by the swelling mobile wave, the No. 1 social network is riding high. Now, Zuckerbergs purchase of WhatsApp – while raising eyebrows with the hefty price paid for a company that boasts 450 million users but has little revenue – places Facebook at the heart of smartphone communications.

Comments are closed.

Categories

MONDAY, NOVEMBER 29, 2021
WHITE PAPERS

Mission-Critical Broadband – Why Governments Should Partner with Commercial Operators:
Many governments embrace mobile network operator (MNO) networks as ...

ARA at Scale: How to Choose a Solution That Grows With Your Needs:
Application release automation (ARA) tools enable best practices in...

The Multi-Model Database:
Part of the “new normal” where data and cloud applications are ...

Featured

Archives

Latest Comments