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Tag: $19 billion

Why Did Facebook Buy Oculus Rift?

BIZCATALYST 360°
When Facebook plunked down $19 billion for WhatsApp, the move made perfect sense: after all, the latter is a messaging app with 400 million active users worldwide, which fits in nicely with the social network’s emphasis on connecting people together…

Here’s Why You Shouldn’t Worry About a Bubble

BIZCATALYST 360°
Facebook’s $19 billion acquisition of WhatsApp is seen by some as the clearest sign yet that we’re in the midst of a tech bubble that could threaten jobs in both startups and established IT firms. But not everyone agrees. “Obviously there have…

Hilton Gives Investors a Hotel Business Without All Those Hotels

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Investors are eager to book a reservation in the upcoming initial public offering of Hilton Worldwide. The lodging giant on Monday added some fairly...

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