The irrational rationality behind Facebook’s $16 billion acquisition of WhatsApp
Spotlight on Startups / Tech & Innovation Trends

The irrational rationality behind Facebook’s $16 billion acquisition of WhatsApp

Originally posted on Gigaom:
Another day and another acquisition — and another one that is jaw dropping and seemingly insane. Less than a week after Japan’s Rakuten acquired Viber for $900 million, Facebook co-founder and chief executive Mark Zuckerberg announced that he is buying WhatsApp for a whopping $16 billion in cash and stock. Add…

Tech & Innovation Trends

Consumers Trust Social Media Recommendations (And Facebook Most Of All) [INFOGRAPHIC]

Originally posted on The Information Age:
  Story provided by Mediabistro –  People trust product and brand recommendations from other people more than they trust traditional media or advertising channels, and friends and family recommendations on social media channels, particularly Facebook, are trusted most of all. The average consumer mentions specific brands over 90 times…