Saturday, 22 February 2014
Acquiring Instagram less than a year ago for $1 billion has apparently not fulfilled Facebook’s hunger for highly-prized social networks, as the company announces that it will be buying the widely-acclaimed instant-messaging app Whatsapp for a mind-blowing $16 billion. (That’s $9 billion more for what Microsoft paid for Nokia, just in case you were wondering for a company that has only 50 employees).
