Facebook's Acquisition of WhatsApp Points to Future Subscription Services for Communication
By Minal Bopaiah Perhaps you've heard that Facebook just bought WhatsApp for $19 billion. But did you know that WhatsApp, unlike most social media and teen-popular sites, has a paid subscription model? For those of us unfamiliar with WhatsApp, the site and service offers mobile messaging across mobile device platforms without having to pay SMS fees. Thus, while WhatsApp is the #2 social messaging app on smartphones in the US, it's often #1 in other countries, like…
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