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It Pays To Disparage Facebook's Business Model

wochit technology
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February 20, 2014 AT 10:17 AM
Why would Mark Zuckerberg, the most successful U.S. entrepreneur of his generation, give away 8 percent of his company and $4 billion in cash to two former Yahoos who have little but disdain for Facebook's business model? Because among young people in the developed world, Facebook's growth is slowing, while texting has become the primary mode of communication.