What Can $250 Million Buy Facebook?

Facebook (NASDAQ: FB) may have spent $1 billion on Instagram, but that doesn't mean the company isn't willing to part with another bag of cash.This time, the bag is filled with $250 million.According to Business Insider

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


, Facebook is interested in buying Wildfire Interactive, a company that claims to have built an "easy-to-use yet powerful tool to grow, engage, and monetize your audience onFacebook, Twitter, YouTube and LinkedIn (NASDAQ: LNKD)."Facebook just happens to be a Wildfire customer, along with Sony (NYSE: SNE), Target (NYSE: TGT), Universal, Virgin, and other large multinational corporations.Business Insider believes that the acquisition makes some sense because Facebook needs to "find a way to tax marketers for the value they get out of pushing their products using Facebook's free tools." Further, the business publication reports that Goldman Sachs (NYSE: GS) could be Wildfire's banker and that it is pushing for the company to seek additional bidders."Given that Google (NASDAQ: GOOG) wanted to buy Buddy Media, but lost out, it's probably safe to assume it's interested," Business Insider added.Buddy Media was ultimately acquired by Salesforce.com (NYSE: CRM).Follow me @LouisBedigianBZ
Posted In: NewsRumorsM&ATechBuddy MediaBusiness InsiderFacebookGoogleSalesforceTargetUniversalVirginWildfire Interactive