Instagram Has An Early Buyer Too – Twitter But Facebook Crack The Deal Before

Posted on Apr 16 2012 - 5:14am by Editorial Staff

Earlier last week, Facebook’s Mark Zuckerberg has announced that the social giant had acquired photo-sharing service Instgagram for $1 billion – the deal which took a total of mere two days to complete, later reported. Adding more fringes to this, New York Times has stated the history of Instagram from the time it started to its acquisition. The most interesting thing revealed was that Twitter was to in the run to buy Instagram – Yes this is correct as per the publication. Twitter founder Jack Dorsey, who had supported Instagram and allegedly expressed interest in buying it in the past few months. Since the acquisition, Dorsey has apparently stopped using the service, though his company declined to comment officially.

(Image Source: Google Play)

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Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.