The real message in Facebook's WhatsApp buy

Facebook has dipped into its wallet to make its biggest acquisition to date, but is it money well spent?

Facebook has dipped into its wallet to make its biggest acquisition to date, splurging almost $US19 billion dollars to buy mobile-messaging app WhatsApp.

Four billion dollars of that is upfront, which is more than the $US3 billion knocked back by its previous target SnapChat last year.

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