Although the FTC approved the Facebook Inc. (NASDAQ:FB) acquisition of WhatsApp; it wants to make sure that WhatsApp keeps its promises of maintaining the privacy of its users. Jessica Rich, the director of the FTC's Bureau of Consumer Protection, sent a letter stating: "WhatsApp … [Read more...]
Epic instant messaging battle: Facebook vs. Tencent
The latest technology battle is heating up as Facebook (NASDAQ:FB) and China’s Tencent go head to head to see who can control the market in instant messaging applications. Facebook’s CEO Mark Zuckerberg recently spent $19 billion on acquiring Whatsapp, an instant messaging … [Read more...]
FTC privacy complaint may nix $19 billion Facebook, WhatsApp deal
Last month, Facebook (NASDAQ:FB) generated headlines after it purchased WhatsApp, a mobile-messaging startup firm, for $19 billion in cash and stocks. The deal made WhatsApp co-founder Jan Koum a billionaire overnight. However, that arrangement may come to an end after a complaint was … [Read more...]
Facebook: Dominating presence in the mobile world
Only two short years ago, Facebook Inc. (NASDAQ:FB) was having a difficult time convincing people to invest in its stock after its IPO. Investors saw what happened to Zynga, once an Internet darling, having been ransacked by mobile gaming. However, Mark Zuckerberg was not going to … [Read more...]
Can Facebook learn from Priceline’s growth strategies
During a time when Facebook Inc. (NASDAQ:FB) wants to prove it is still a growth company, it stuns Wall Street with the $19 billion acquisition of instant-messaging application WhatsApp. While the purchase brought along 450 million users, the main reason for the buy is for an … [Read more...]
Can Apple Inc. (AAPL) maintain record App Store sales despite smartphone saturation
Apple Inc. (NASDAQ:AAPL) is still an extremely powerful company and one of the world leaders in consumer electronics products. Nevertheless, confronted by the inexorable reality of market maturation, it seems likely to settle into being another profitable but staid player in the … [Read more...]
