monopoly

Facebook announced their intention to purchase WhatsApp in February of this year for a cool $19 billion (or $21.8 billion at Facebook's current share price); a deal that received approval in the United States a few months later in April. Unfortunately for the social media giant, the acquisition wasn't all smooth sailing --the European Union (EU) opposed the deal, stating that … [Read more...] about Facebook $19B Acquisition of WhatsApp Approved by the EU