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Have we entered another tech bubble?

posted by LaminatorX on Saturday February 22 2014, @12:00AM   Printer-friendly
from the It's-like-a-telegram-but-on-a-phone dept.

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."

 
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  • (Score: 1) by chromas on Saturday February 22 2014, @03:50AM

    by chromas (34) on Saturday February 22 2014, @03:50AM (#4731)

    Wow, times sure have changed since the 1990s.

    MTV went completely to shit (it had its moments with cartoons like Daria and Undergrads) and hipsters switched from getting wired to losing wires. But selling out has been the cool thing to do since the 1980s when Michael J. Fox sold off his DeLorean shares and started peddling hosts files.