The c. E. O. Is joining facebooks board. This is a guy who grew up on food stamps and was so poor he could not afford to call his family back at home in the ukraine. His cofounder, brian acton meantime, got turned down for jobs at facebook and twitter. The result, the two of them after leaving yahoo started a messaging service that anyone could afford. Just days ago he found himself eating chocolatecovered strawberries at Mark Zuckerbergs house on valentines day and striking a deal that will make him and his 50 employees very, very rich. So how will facebooks acquisition of whatsapp impact its competitors . I spoke with ben thomson, an author, who joined me from taiwan and Andreessen Horowitz partner benedict evans. I asked them if whatsapp is worth the price tag . Its a bit like the instagram acquisition. Was instagram worth 1 billion or 1 of facebook at the time . The question for Mark Zuckerberg is around maintaining share engagement and share of social activity. Whatsapp now has 45
There are only two things people are doing this weekend been watching house of cards are making deals. We have a big one in pharma. Forest labs are agreeing to be bought by activists activ avis. Carl icahn is the number two hitter shareholder. We also got more and 2013. Persistent pays off for carl icahn. He has proposed a proxy fight the last three years and his company and to appease him, the company gave him a seat on the board and he got his guy as the ceo and as a result, you get the outcome that he wanted all along. Forest labs to be bought out. That is not the only deal. Maker of the popular game candy crush is going public. King filed to raise 500 million. There will likely be listed in the new york stock exchange. When we say popular, we are talking 93 Million People played candy crush everyday. Netted digital actually 560 million in revenue last year. And is a Profitable Company it makes a profit from people who buy the stuff to get ahead in the game. Just like farmville. Suc
Could not afford to call his family back at home in the ukraine. His cofounder, brian acton meantime, got turned down for jobs at facebook and twitter. The result, the two of them after leaving yahoo started a messaging service that anyone could afford. Just days ago he found himself eating chocolatecovered strawberries at Mark Zuckerbergs house on valentines day and striking a deal that will make him and his 50 employees very, very rich. So how will facebooks acquisition of whatsapp impact its competitors . I spoke with ben thomson, an author, who joined me from taiwan and Andreessen Horowitz partner benedict evans. I asked them if whatsapp is worth the price tag . Its a bit like the instagram acquisition. Was instagram worth 1 billion or 1 of facebook at the time . The question for Mark Zuckerberg is around maintaining share engagement and share of social activity. Whatsapp now has 450 million active users, 70 of them active every day. That is a significant advantage of facebook user
The java sea looking, but the defense minister says they will stay at sea overnight with search lights trying to spot any signs of floating wreckage. We ve analysts standing by around the world to bring you the latest of the search, and we have former analyst of the fbi tom fun tease, and Steven Wallace from the office of accident investigation and also peter goulds acting director of the National Transportation safety board and cnn safety correspondent renee marsh. This stunned relatives and they were at airport termle in nal, and we were at airport terminal but first to renee marsh, and what do you have of the latest here from your sources, about what happened to this plane . Well, at this point, we dont have any hard information of what exactly went wrong here. With we know that weather was definitely an issue. We know that because the pilot requested to deviate course. We know that requested to go higher in altitude and most likely to try to avoid this weather, but as far as what d
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