Few days ago Mr Mark Zuckerberg announced that Facebook has acquired Whatsapp. Well to be honest, I didn’t take this news very well. Why in the world would Facebook want to buy Whatsapp?? That was my first reaction. Then I did what I always do, I fired up my laptop and searched for the details, it was all over the internet. The media frenzy it had created was crazy. Internet was clogged up with articles regarding this acquisition.
This news in itself would not have created such a stir in tech community, big tech companies buy off smaller services all the time, it was actually the sum of money that Facebook was paying for a “messaging service” that sent everyone whining and twining all over the place. 19 Billion US dollars!!! (more…)