Does WhatsApp deal show Facebook knows what's up?
Thursday, February 20, 2014 - 18:00
in Mathematics & Economics
If Facebook hopes to remain the social networking leader, CEO Mark Zuckerberg knows the company must follow the people. That realization compelled Zuckerberg to pay $19 billion for WhatsApp, a mobile messaging application that is redefining the concept of texting while its audience of 450 million users expands at an even faster clip than Facebook itself.