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How Facebook Got Snookered in WhatsApp Deal

2014-02-24 14:00:00| TechNewsWorld

It's not often I see news that surprises me, but Facebook paying nearly $20 billion for an instant messaging app had me scratching my head. People have been paying too much for properties for some time, but this is crazy money for a class of product that stopped being trendy nearly a decade ago. I've come up with three reasons, none of which are mutually exclusive, as to how Facebook was tricked.

Tags: deal facebook

Category:Information Technology

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