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Social networks that allow you to send only the message "Yo" to your contacts. Food-delivery services valued at $400 million. Startups that deliver rolls of quarters to your home (just $27 for $20 in change!). It isn't hard, looking at a lineup like this, to conclude that Silicon Valley has…
Tags: money, facebook
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Earlier today, Facebook announced its acquisition of WhatsApp for $16 billion. It’s a spectacular milestone for the company’s co-founders Jan Koum and Brian Acton, and their remarkable team. From the moment they opened the doors of WhatsApp, Jan and Brian wanted a different kind of company. While others sought attention, Jan and…
Tags: facebook
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He's become a successful CEO and a generous person, but ten years ago, Facebook CEO Mark Zuckerberg used to have something of an attitude. For example, he used to carry a business card that read, "I'm CEO…Bitch." Once, back then, Zuckerberg played a pretty nasty prank on top venture capital…
Tags: facebook
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It is often a sign of a bubble when analysts and commentators rush to explain away each new upward step in valuations – and then come up with expansive arguments to justify why prices should be even higher. Two events in the tech world in recent days seem to fit…
Tags: facebook
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Social network Ello, which operates in Vermont, is riding the rocket ship usually reserved for Silicon Valley’s hottest consumer tech startups. The ad-free social network, which has to be the most well-known product from the Green Mountain State since Ben and Jerry’s launched in the late ’70s, has taken the…
Tags: facebook
Earlier today, Facebook announced its acquisition of WhatsApp for $16 billion. It’s a spectacular milestone for the company’s co-founders Jan Koum and Brian Acton, and their remarkable team.
From the moment they opened the doors of WhatsApp, Jan and Brian wanted a different kind of company. While others sought attention, Jan and Brian shunned the spotlight, refusing even to hang a sign outside the WhatsApp offices in Mountain View. As competitors promoted games and rushed to build platforms, Jan and Brian remained devoted to a clean, lightning fast communications service that works flawlessly.
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Facebook has bought messaging app WhatsApp in a deal worth a total of $19bn (£11.4bn) in cash and shares. It is the social networking giant's biggest acquisition to date. WhatsApp has over 450 million monthly users and is popular with people looking to avoid text messaging charges. http://www.bbc.co.uk/news/business-26266689
Tags: whatsapp, facebook, $, acquisition, telecom, economy
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The $19 billion deal to sell WhatsApp Inc. to Facebook Inc. (FB) started at Yahoo! Inc. more than five years ago, when Jan Koum became disillusioned at the way Internet companies were fixated on advertising. He left Yahoo in 2007 with one of the company’s other engineers, Brian Acton, and…
Tags: koum, whatsapp, company, games, facebook, billion, $, jan, acton, brian
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Facebook Inc. (FB)’s $19 billion purchase of mobile-messaging startup WhatsApp Inc. is a stark reminder of how much money phone carriers are losing out on as competitors let users text and chat at no charge. Free social-messaging applications like WhatsApp cost phone providers around the world -- from Vodafone Group…
Tags: billion, $, whatsapp, communications, facebook, competitors, telecom, economy
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He's become a successful CEO and a generous person, but ten years ago, Facebook CEO Mark Zuckerberg used to have something of an attitude. For example, he used to carry a business card that read, "I'm CEO…Bitch." Once, back then, Zuckerberg played a pretty nasty prank on top venture capital…
Tags: billion, $, facebook, economy
61
It is often a sign of a bubble when analysts and commentators rush to explain away each new upward step in valuations – and then come up with expansive arguments to justify why prices should be even higher. Two events in the tech world in recent days seem to fit…
Tags: explain, whatsapp, rushed, $, sign, facebook, economy
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