Facebook bets big that chat is future of mobile

Credit: MGN Online

Facebook bets big that chat is future of mobile

February 20, 2014 Updated Feb 20, 2014 at 1:43 PM CDT

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.

Find out more about this story by watching the video below.