Tuesday, April 10, 2012

facebook buys instagram

http://bits.blogs.nytimes.com/2012/04/09/facebook-acquires-photo-sharing-service-instagram/?hp

an interesting development in the battle for smartphone "eyeballs"- $1 Billion price!  Was it too much?
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1 comment:

  1. Kasey K.April 10, 2012 at 6:47 AM

    It was interesting to read yesterday about Facebook acquiring instagram for a price tag of $1 billion. I think it is quite interesting since instagram does not make any money. Hopefully Facebook finds other ways to make money other than through advertising.

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