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Macintosh News => Apple News => Topic started by: HCK on February 25, 2014, 02:00:18 pm



Title: How Facebook Got Snookered in WhatsApp Deal
Post by: HCK on February 25, 2014, 02:00:18 pm
How Facebook Got Snookered in WhatsApp Deal

It's not often I see news that surprises me, but Facebook paying nearly $20 billion for an instant messaging app had me scratching my head. People have been paying too much for properties for some time, but this is crazy money for a class of product that stopped being trendy nearly a decade ago. I've come up with three reasons, none of which are mutually exclusive, as to how Facebook was tricked.

Source: How Facebook Got Snookered in WhatsApp Deal (http://www.technewsworld.com/story/80019.html?rss=1)