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Will Facebook's $19 Billion WhatsApp Bet Pay Off?

The Wall Street Journal
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February 20, 2014 AT 10:41 AM
Facebook shocked the market Wednesday with its $19 billion acquisition of texting service WhatsApp. Was it a canny move, or a sign that prices in Silicon Valley have finally lost touch with reality? S Capital IQ’s Scott Kessler joins MoneyBeat. Photo: Getty Images.