Post WhatsApp deal, Facebook takes a break
Post WhatsApp Deal, Facebook Takes a Break,
BARCELONA: Facebook founder Mark Zuckerberg said the social network would take a pause from major acquisitions after spending $16 billion to buy messaging service WhatsApp.
Zuckerberg was asked at Mobile World Congress in Barcelona by an audience member whether Facebook would make a bid for Snapchat, another free messaging service popular among teens.
"No," he shot back, before adding: "Once you acquire a company for $16 billion, you are probably done for a while."