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Facebook Bets Big That Chat Is Future of Mobile

Credit: MGN Online

Facebook Bets Big That Chat Is Future of Mobile

February 20, 2014 Updated Feb 20, 2014 at 2:39 PM EDT

Facebook is placing a $19 billion bet on reaching its next billion mobile users with the acquisition of WhatsApp, a popular messaging service that lets people send texts, photos and videos on their smartphones.

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