Tech

Is $19 billion Too Much for WhatsApp?

With a $19 billion investment, Facebook could have purchased a Technology Manufacturer, Fashion Brand or maybe four aircraft carriers.  Instead, Facebook bought WhatsApp, a bit sized startup that so far has only accumulated $60 million in funding mostly via Venture Capitalist “Sequoia Capital”.  Mark Zuckerberg seems crazy, is what you might say. But think about what exactly

Banks Facing Competitive Threats From New Entrants

Apple took only five years to become America’s largest music retailer, and seven to become the world’s largest. In eighteen short months, Google erased 85% of the Market capitalization of the top GPS companies by launching its mobile app Google Maps. Alibaba, Chinese look alike of Amazon, became a $16 billion lender in less than three years,

Smartphone will take over the Humans

By the end of 2014, there are chances that number of Smart phones with be higher than humans, according to the equipment-maker Cisco, and by 2016 there could be 10 billion Smart phones on Earth. Looking on to 2020, Cisco forecasts 0.05 trillion devices of various types to be interconnected. According to Wim Elfrink, Cisco’s