Zuckerberg Dines With Phone Frenemies Fretting Over Profits
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Call it a dinner between frenemies.
At a Barcelona apartment on the night of Feb. 24, Facebook Inc.’s Mark Zuckerberg hosted about 20 executives, many from the top phone companies, said people familiar with the matter, who asked not to be named because the gathering was private. Adding to the ambiance was Facebook’s $19 billion agreement to buy messaging service WhatsApp Inc. -- a deal that underscores the rising tension between carriers and providers of popular Internet services such as video streaming and music downloads.