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April 23, 2014 AT 2:15 PM
The first quarter of 2014 was a big one for Facebook, in more ways than one. It bought the messenging service WhatsApp for $19 billion. It spent another $2 billion to buy Oculus VR, the maker of virtual-reality headsets. It bought Titan Aerospace, a maker of aerial drones. The long-awaited introduction of video ads to users’ Newsfeeds finally happened. And It launched Paper, a mobile news-reading app.