An interesting note revealed over a recent hefty $1 billion Facebook newly acquired Instagram deal where “surprising” is that the social giant’s Mark Zuckerberg kept board out of negotiations. The negotiation period was a mere weekend at Mark Zuckerberg’s house, where he and Kevin Systrom. The Wall Street Journal reports that Zuckerberg informed Facebook’s...
Tag Archives: Instagram
The social giant only a few days ago agreed to acquire photo-sharing service Instagram for $1 billion – yes the amount is correct and the announcement was made by Facebook’s Mark Zuckerberg itself. The deal is a combination of cash and shares of Facebook, but today we’ve got some piece of information on how the deal came to light. Citing the “anonymous” sources,...
The social giant has agreed to acquire photo-sharing service Instagram for $1 billion – yes the amount is correct and the announcement was made by Facebook’s Mark Zuckerberg itself. The deal is a combination of cash and shares of Facebook. Zuckerberg says that Instagram will be built and grown “independently” and that its integration with other services...