siliconwafer writes:
"Facebook's purchase of WhatsApp has generated a lot of noise in the financial and tech industries, with some calling the purchase price 'down-right silly' and 'jaw-dropping', and others have said the price is fair, but question the strategy. Is the purchase price evidence that we're entering entering another tech bubble reminiscent of the 1990s? Some say no, while others believe that a bubble may exist only in social media, given that the Global X Social Media Index ETF has outperformed the NASDAQ over the past year."
(Score: 3, Funny) by TheloniousToady on Saturday February 22 2014, @01:20AM
This suggestion that grannies are always chasing the next cool thing (even if you didn't actually intend it that way) reminds me of the old Monty Python bit where a gang of grannies terrorizes a neighborhood with their handbags. And if those grannies invade WhatsApp, then Suckerberg *certainly* paid too much for it.