Will Facebook Be Able to Make WhatsApp Pay?: Leonid Bershidsky

With the acquisition of WhatsApp, Facebook is buying into a messaging revolution. According to the tech intelligence firm Analysys Mason, the total volume of messages sent from mobile devices via so-called over-the-top messaging services exceeded SMS -- more traditional mobile text messaging -- volume for the first time in 2013. Services such as WhatsApp handled 10.3 trillion messages, compared with 6.5 trillion for mobile carriers.

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