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Facebook acquires WhatsApp for $19 billion, in desperate attempt to stave off stagnation

2014-02-20 16:09:07| Extremetech

Late yesterday, Facebook acquired WhatsApp for the princely (and ludicrous) sum of $19 billion in cash and stock. This is one of the largest acquisitions in Silicon Valley history -- and yet, if you're American, you probably don't even know what WhatsApp is, let alone why it's worth $19 billion. In a sentence, WhatsApp replaces text messaging (SMS) -- and it has grown to 450 million monthly users in under five years. While a purchase price of $19 billion might seem like insanity, especially when compared to its $1 billion acquisition of Instagram, it's actually a savvy move to ensure that Facebook remains the world's predominant messaging platform.

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Packers, Processors Attempt to Hold Farm Bill Hostage

2014-01-28 01:00:00| ThePigSite - Industry News

US - National Farmers Union (NFU) President Roger Johnson issued a statement in response to a letter from the meatpacking industry sent today to Congress. The letter calls for Congress to gut the Country-of-Origin Labeling (COOL) law. It also proposes to dismantle protections for producers under the Grain Inspection Packers and Stockyards Administration (GIPSA).

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New attempt on fracking standards launches

2014-01-21 16:01:50| Oil & Gas - Topix.net

A hotly debated partnership between major oil and gas companies and some environmental groups moved forward Tuesday, almost a year after it was first announced.

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New attempt on fracking standards launches

2014-01-21 13:53:33| Energy - Topix.net

A hotly debated partnership between major oil and gas companies and some environmental groups moved forward Tuesday, almost a year after it was first announced.

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Snow and Strong Winds Delay Rescue Attempt Off Antarctica

2013-12-30 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: Maritime safety officials began preparations on Tuesday for a helicopter rescue of scientists and others aboard a chartered research ship that has been stuck in Antarctic ice for a week. The Australian Maritime Safety Authority said all 52 passengers aboard the Russian ship, the Akademik Shokalskiy, would be airlifted to a Chinese icebreaker. The ships 22 crew members would stay behind, the authority said. Bad weather in the area made it very unlikely that a helicopter rescue would begin before...

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