Description: In a major deal, Facebook has bought an instant chat service WhatsApp for an astounding $19 billion US.  This is a tremendously high price for a recent startup company. Source: CBC Date: Feb 20, 2014 Link:  http://www.cbc.ca/player/News/Business/ID/2438554742/ Questions for Discussion: How will you defend Facebook’s purchase of WhatsApp for $19 billion? What are the underlying … Continue reading Facebook buys WhatsApp for an astounding $19 billion.