5 Things Facebook May Announce at Mystery Event

A Major Acquisition: Maybe, but, although I could have missed it, I didn’t see much pomp and circumstance, when Facebook swallowed Instagram for $1 billion. M&A would have to be huge. Like we’re buying Research in Motion (RIMM_) or something. Not going to happen. Zuckerberg didn’t get this far by being an idiot.

Second, there could be some seemingly low-level, but very meaningful M&A attached to mobile and mobile advertising. With or without an acquisition of, say, a Millennnial Media (MM_), expect Facebook to announce breakthroughs really soon — even if not at this event — on issues such as more precise targeting for advertisers, particularly via mobile platforms.

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