Facebook is placing a $19 billion bet on reaching its next billion mobile users with the acquisition of WhatsApp, a popular messaging service that lets people send texts, photos and videos on their smartphones.
It's hard to believe that 10 years ago, Facebook was a brand new web site that most of us had never heard of. Today, there are more than 1.2 billion registered users (yes, that's "billion", with a "b").
Recently, Gov. Chris Christie conditionally vetoed a so-called "Facebook" bill because he felt a provision that barred employers from asking a current or prospective employee if they have a personal account or profile on a social networking website could lead to frivolous lawsuits.
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