iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

$FB Said to Be Closing In On Another Acquisition

“Facebook could bid to acquire WhatsApp, the mobile messaging app, as it aims to extend its mobile reach.

The rumoured acquisition, reported by TechCrunch today, comes after CEO Mark Zuckerberg declared last month that the future of his company lay in mobile devices.

“The big thing is obviously going to be mobile,” Zuckerberg told BusinessWeek in early October. “There are 5 billion people in the world who have phones.”

WhatsApp is an app that allows users to message one another via smartphone over the internet, and aggregates users’ contacts from email, chat and social networks.”

Read more

If you enjoy the content at iBankCoin, please follow us on Twitter