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All posts tagged "buyout"


Monday, April 9, 2012

Facebook Buys Instagram

Posted by Jeff Campbell in "Apple Software (iPhone/iPod Touch/iPad)" @ 11:27 AM

http://dealbook.nytimes.com/2012/04...billion/?emc=na

"Facebook is not waiting for its initial public offering to make its first big purchase."

And that first big purchase is Instagram, for $1 billion in cash and stock according to a Facebook post by Zuckerberg. He says he is going to keep it separate from Facebook. Some, like Ben Brooks, aren't too sure about it and are using the "delete my account" option to get out while they can. Gizmodo has a post up now too on how to export all of your photos "before Facebook ruins everything." Me? I don't use it too often, but I'm more of the wait and see approach. What are your thoughts?


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