Why Facebook Was Smart to Spend $16 Billion on WhatsApp

Why Facebook Was Smart to Spend $16 Billion on WhatsApp

Facebook has had its fair share of stumbles trying to get a handle on how to take over your phone. I mean, remember Facebook Home? But with its $16 billion purchase of messaging app WhatApp, it’s now poised to own the best way to chat on a smartphone and win the kiddies back all at once.

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