Facebook Acquires WhatsApp for a Whopping $19B
Probably one of the most hostile takeovers of our time, Facebook has acquired its rival WhatsApp. In terms of value creation, this is the biggest on record. Sequoia Capital reportedly invested only $8 million back in 2011 in WhatsApp and no additional funding was announced after that. This initial investment has thus turned out to […]
The Facebook phone: Is it real this time?
We’re all still recovering from the recent Facebook changes – the pictures are larger, and now there’s a treat of video ads (sigh). But now having altered the site’s design, as well as the method from which it gathers News Feed info, Facebook is holding onto one more bombshell to throw at its users: there […]