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Title: Breaking: Facebook buys Instagram for about $1 Billion Post by: HCK on April 09, 2012, 07:00:50 pm Breaking: Facebook buys Instagram for about $1 Billion
Facebook has acquired Instagram for nearly one billion dollars, the company announced this morning in a blog post. The deal is a combination of cash and stock. With this sale, Kevin Systrom and Mike Krieger, cofounders of Instagram are the newest mega-millionaires in Silicon Valley. The duo [...] http://feedproxy.google.com/~r/TheAppleBlog/~3/YX1gX9Pj_CM/ |