In one of the biggest tech acquisitions of all time, Facebook has spent a combined $19 billion in cash and stock to acquire the fast-growing WhatsApp messaging system. Facebook seems to be going after services that have a lot of eyeballs on them, all the better to keep people on their platform and ultimately sell more ads. This is a fascinating development that will affect Facebook's overall direction and emphasis.
Facebook Acquires WhatsApp February 19, 2014
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