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Wireless News
02-20-2014, 08:10 AM
http://l3.yimg.com/bt/api/res/1.2/6ojCNP9o.aX1IRHXABEhOQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_US/News/US-AFPRelax/000_was7191667.ac906145316.original.jpg (http://news.yahoo.com/facebook-snatches-limelight-mobile-world-111705498.html)Facebook's $19-billion (14-billion-euro) takeover of smartphone messaging service WhatsApp staked the social network's place in dramatic fashion as a pivotal player in the mobile world. The US social networking giant's 29-year-old founder Mark Zuckerberg snatched the limelight ahead of his debut as the star speaker on the opening day of the February 24-27 World Mobile Congress in Barcelona, Spain. Overshadowing even the hotly anticipated release of Samsung's new Galaxy S5 smartphone at the mobile fair, Facebook's cash-and-stock deal reflects a structural shift towards mobile by Internet and related technology industries. For Facebook, smartphones and tablets represent a fast-growing and crucial source of advertising revenue.



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