The WhatsApp edge: Why it was a must-buy for Facebook
Continue reading page | 1 | 2 As the dust settles on Facebook's $19 billion WhatsApp takeover, Richard Harper , principal researcher at Microsoft Research in Cambridge, UK, explains what really lies behind the deal Now that Facebook has announced it is to buy the popular smartphone messaging platform WhatsApp, much has been made of the sum agreed, even more about might and power and competition rules. It's not what WhatsApp does (or might become) that the commentators are focusing on, but the billions Facebook is shelling out for it. Facebook has become, we are warned, a mighty leviathan of corporate wealth, and this is the proof. Many ask whether this sort of corporate behaviour will negatively affect the world we live in. After all, the enormous and beneficial impact of the internet is precisely because it allows diversity and creativity; it creates new business possibilities. Is it one of the most successful of these possibilities that...