Facebook and WhatsApp-what's up with that

Facebook is acquiring mobile messaging service WhatsApp for 19 billion dollars.It is a cross-platform mobile messaging app which allows you to exchange messages without having to pay for it.It works with Android,iPhone,BlackBerry,Windows Phone and Nokia.It may also be downloaded to your PC via DownloadApper.com.There is a nominal subscription charge of one dollar a year.The Mountain View,California company was founded in 2009 by CEO Jan Koum and Brian Acton.*
CNBC's tech analyst John Fortt commented on the move,saying we're in this interesting land grab period for mobile and social.Facebook CEO Mark Zuckerberg spent 10% of his company for this.That's a lot.It has no revenue raising opportunity.Its users are mostly in the emerging markets and are not willing to pay much more.It's gigantic.A couple of bucks a year in some of these countries is a lot of money.
I don't say it's a bad move.It's a move to increase scale,to take out a potential competitor.Facebook and WhatsApp have it cut out for them to scale it and make it succeed financially.There are lots of different ways to look at the strategic value of something like this,and we won't know for a couple of years how good it was.Facebook investors never got to go to WhatsApp and look into it,Fortt pointed out.*
His colleague,CNBC Contributor Jon Steinberg,added that the rules have changed,and you have to take bold moves.WhatsApp is way bigger than Twitter.With this move,Facebook is now diversified.
Everyone in the Valley has been talking about this company for months.Everybody wanted to buy this company.Shareholders should bear in mind that Zuckerberg made a good move that was an expensive move,but they should be glad they have a CEO willing to take bold action in a rapidly changing field.*
Facebook might not make much money off the move initially,but that doesn't mean they had a choice if they want to stay in the big leagues of mobile and social media.*
Facebook(FB)

Facebook and Investing in Social Media

Global X Funds will wait a few more days for a price that is much more stable to invest in Facebook shares.Co-founder and CEO Bruno del Ama,CFA,feels the people who are there for the longer term will give the stock a much more sensible price.We love the social media space,he says.What are the big secular trends that are taking hold?Social media is one of them.I think Facebook absolutely will be able to monetize.They really created new forms of advertising.They already have 900 million users and growing.Once they focus on monetizing,they surely will find ways to make money,Mr.del Ama projected.The Global X Social Media Index is a globalized fund that contains the likes of LinkedIn,Tencent and SINA,as well as GREE,Hena and Nexon,besides the future Facebook holding.Global X is considered to be the fastest- growing ETF family.It strives to develop innovative ETFs based on global markets.Mr.del Ama has an MBA from the Wharton School of Business. Global X Social Media Index Fund(SOCL),Facebook(FB),LinkedIn(LNKD)