Epic Research Singapore : Facebook Market News Update

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When Facebook announced that it agreed to buy Oculus VR, a developer of virtual-reality glasses, for $2 billion, investors got concerned again.

On the conference call with investors, Zuckerberg tried to portray each of these recent, high-valuation deals as extremely rare and not something that Facebook is going to embark on again in the next few months.

I guess you should not expect us to make a couple of multi-billion-dollar acquisitions over the next couple of months,” Zuckerberg said. “There are not many candidates to be the next computing platform.” 
 

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