Facebook has just finished a deal to acquire mobile photo sharing app Instagram?for approximately?$1 billion in cash and stock. Instagram will remain an independently branded standalone app that's separate from Facebook, but the services will increase their ties to each other. The transaction should go through this quarter pending some standard closing procedures Last year, documents for a standalone Facebook mobile photo sharing app were attained by TechCrunch. Now it seems Facebook would rather buy Instagram which comes with a built-in community of?photographers?and photo lovers, while?simultaneously squashing a threat to its dominance in photo sharing.whitney houston laid to rest daytona bike week amazing race maya angelou mary kay ash tiny houses joan of arc
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.