Path: csiph.com!v102.xanadu-bbs.net!xanadu-bbs.net!feeder.erje.net!eu.feeder.erje.net!fu-berlin.de!uni-berlin.de!individual.net!not-for-mail From: RS Wood Newsgroups: comp.misc Subject: Re: Facebook buying WhatsApp Date: 20 Feb 2014 07:17:57 GMT Lines: 9 Message-ID: References: Mime-Version: 1.0 Content-Type: text/plain; charset=utf-8 Content-Transfer-Encoding: 8bit X-Trace: individual.net woOz0s7WkAz1r0akPpdkzwYxWBhQBo2Uyc8BfTt3O0FUNuI0yp Cancel-Lock: sha1:DfYrWd//p2Y7K7kLT+A12PtmhAs= User-Agent: PhoNews/1.1.1 (Android) In-Reply-To: Xref: csiph.com comp.misc:595 On 2/19/14 11:02 PM, q.kontinuum wrote: >Just saw it on one of my standarf news sites: > >http://newsroom.fb.com/News/805/Facebook-to-Acquire-WhatsApp They are spending $16B to get it. Huge amount of cash! An article on the Register says even Microsoft purchase of Nokia went for less money. Facebook has too much money to spend and is spending it poorly.