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FACTBOX: Facebook to buy WhatsApp for a whopping $19 billion

Date:
February 19, 2014
Source:
Reuters - Business Video Online / Powered by NewsLook.com
Summary:
Facebook will buy fast-growing text messaging startup WhatsApp for $19 billion in cash and stock, as the world's largest social network looks for ways to boost its popularity, especially among teens. Video provided by Reuters


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last updated on 2014-08-23 at 5:41 am EDT

Facebook May Be Banned in China, But Ad Sales Are Alive

Facebook May Be Banned in China, But Ad Sales Are Alive

TheStreet (May 13, 2014) — Facebook may be banned in China, but that hasn't slowed the social media giant from quietly building its advertising business there. Bloomberg reports that Facebook is looking to lease office space in China, presumably to open an office there. However, the company has already been working with exports on advertising. Facebook has essentially become more of an advertising company than a social media company since the social network went public, and companies have learned that a Facebook page is no good without spending some ad dollars since Facebook cut back on organic reach. Video provided by TheStreet
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Why Google-Owned YouTube Wants to Buy Gaming Video Site Twitch

Why Google-Owned YouTube Wants to Buy Gaming Video Site Twitch

TheStreet (May 19, 2014) — Google-owned YouTube is reportedly in talks to buy Twitch for as much as $1 billion, nearly as much as the $1.65 billion deal for YouTube itself in 2006. Here's why the largest internet name in the world would want a relatively obscure startup. First, Twitch is the leading online platform for gamers to stream and broadcast videogame play. The site boasts 45 million unique monthly users, one million of those who actively create and upload their own content. Second, Twitch is the fourth-largest source of broadband traffic in primetime hours, even beating out Facebook and Hulu. Finally, Twitch users' levels of engagement are higher than those who use YouTube. Video provided by TheStreet
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Disinfecting Robots Stop Superbug Infections

Disinfecting Robots Stop Superbug Infections

Ivanhoe (Oct. 17, 2013) — Hospitals are supposed to be places of healing, but for many just being inside one is a danger. About two-million Americans suffer from hospital-acquired infections every year -- adding a whopping 30 billion dollars to health care costs! Now, hospitals are using a new way to reduce the risk.
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Facebook In Talks To Buy Drone Maker Titan Aerospace

Facebook In Talks To Buy Drone Maker Titan Aerospace

Newsy (Mar. 4, 2014) — Reports indicate Facebook might buy Titan Aerospace for $60 million. The buy could boost its efforts with Internet.org. Video provided by Newsy
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