Facebook's WhatsApp Purchase `Sensible Move': Kemp
Feb. 20 (Bloomberg) -- Simon Kemp, managing director of We Are Social in Singapore, talks about Facebook Inc.'s decision to buy mobile-messaging startup WhatsApp Inc. and its implications for the world’s largest social network. Facebook agreed to acquire WhatsApp for as much as $19 billion in cash and stock, seeking to expand its reach among users on mobile devices. Kemp speaks with Zeb Eckert on Bloomberg Television's "On the Move." (Source: Bloomberg)
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
23:16 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)