This is probably because it could cause problems to the Tax Compliance act with the U.S. I read somewhere that experts believe such a step may lead to other countries not sharing information with India in future due to the fear of the info not remaining private. Since the Supreme Court itself understands this and has promised confidentiality in…Read More

Point taken Karthikeyan. Nice example +1

The correct figure was 19 billion USD ( 3 billion USD in cash + 16 billion USD of FB stock) . It has to be remembered here, that this was a pre-emptive strike by Facebook to prevent any other company from reaching the same proportion as its own.

Another major reason is fact that Facebook wants its valuation to be justified by increasing market…Read More

Yes and No. Whereas some would have heard of the $17 billion figure only, the surge in this number has been a result of rising stocks of Facebook after its Whats-App acquisition. And this is when Facebook hasn’t really tried anything to earn out of it and has focussed on the user base of Whats-App only. Though some reports suggest that it was…Read More