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Facebook’s Mark Zuckerberg defends $19bn purchase of WhatsApp and outlines mission for connecting world to internet

on Feb 24, 2014 | 0 comments

By Jessica Davies

During his Keynote address at Mobile World Congress in Barcelona this evening, Facebook founder Mark Zuckerberg defended its $19bn acquisition of WhatsApp, and outlined their “shared vision” of connecting the world to the internet.

“With WhatsApp it’s about the strategic value of what we can do together. I think by itself it’s worth $19bn even if it doesn’t have the revenue to show for it – but it has the reach. I could be wrong – this could be the one service that gets to one billion people and ends up not being that valuable – but I don’t think Read full story ›

Source: The Drum