Category Archives: Zuckerberg

Billion-Dollar Baby: Instagram Acquired by Facebook

First the introduction of Timeline, then the announcement of an IPO, and now, Facebook is acquiring another startup.  On Apr. 9, 2012, in a post on his Facebook page, company co-founder and CEO Mark Zuckerberg announced that Facebook would acquire Instagram, a photo-sharing app company, for $1 billion. This acquisition is Facebook’s largest to date….

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