By Mark Leiser

It is old news now that Facebook is buying messaging application WhatsApp for $19bn in cash and stock. When I heard the news, I notified colleagues and friends via the modern messaging service, and not Facebook. Why? I don’t see Facebook as a messaging service provider. I see it as a social media service that happens to have an add-on messaging service. Even in today’s overpriced valuations for niche tech ideas, $19bn is a lot of money, especially for a service that has the potential of being replaced by the next big thing overnight. Talk about risky. To put Read full story ›

Source: The Drum