Why
is Facebook Paying $19 Billion for WhatsApp
First of all, I just wanted to share
my reactions and state that I was stunned by Facebook’s recent $19 billion
WhatsApp acquisition. I think this deal is probably one of the biggest
transactions in the history of tech world and I’ve been wondering ever since what
this means for the future of Facebook and WhatsApp. So I really enjoyed reading
this article as it addresses of some of my questions which are similar to that
of the article. The article essentially looks at the reasons why Facebook
bought the WhatsApp, and it suggests that Facebook did this for two reasons.
The primary reason is Facebook’s commitment to remain attractive for the
younger market and the second is Facebook’s desire to increase its reach
outside of Facebook. Social media has revolutionized how we see the world today
and as we see more and more social media sites emerge, the market will get even
more competitive for Facebook. Therefore, I think it is smart of Mark
Zuckerberg to make this transition in effort to remain competitive in the world
of social media.
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