Thursday, February 23, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
New HARMAN Infotainment System Integrates Apple CarPlay Through Wireless Connectivity
TSMC Outlines Its 5-nanometer Road Map
Qualcomm To Offer Developers VR Headset Powered By The With Snapdragon 835
New UHS-III SD Cards Will Offer Up To 624 MBps Transfer Rates
Google AI Tools Lets You Identify Malicious Comments on Your Website's Articles
Samsung Mass Produces 10nm Exynos 9 Application Processor
LG's Super UHD TV with Nano Cell Technology Complements OLED TVs in The Company's Premium TV Lineup
TrendForce Forecasts Moderate Price Hikes for SSDs and eMMCs in Second Quarter of 2017
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Faceboo...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, September 06, 2012
Facebook Buys Instagram


Facebook has closed its purchase of Instagram, the popular photo-sharing app that it agreed to buy in May.

The deal was valued at $1 billion when the companies agreed to it in April. However, Facebook's stock price has lost half of its value since then, so the deal is worth about $737 million, $300 million of it in cash and the rest in stock.

"As we said from the beginning, we are committed to building and growing Instagram independently. Instagram will continue to serve its community, and we will help Instagram continue to grow by using Facebook's strong engineering team and infrastructure. We also can't wait to work with the talented Instagram team to improve the mobile experience," Facebook said in a statement.

Instagram has a fast-growing user base of iPhone and Android users who take photos and apply various filters to them to share.


Previous
Next
Microsoft User Experience Virtualization RC Now Available        All News        New VIA QuadCore Pico-ITX Board Supports 3D Displays
Microsoft User Experience Virtualization RC Now Available     General Computing News      AVG Unveils 2013 Product Range

Get RSS feed Easy Print E-Mail this Message

Related News
New App Lets You Watch Facebook Videos on TV
Facebook, Google, Others Unite Against Fake News in France
Facebook's Quarterly Profit And Revenue Increased On Mobile Advertising Gains
Facebook Said To Develop App for TV Set-top Boxes
Facebook Tests 'Stories' Tool, Updates Trending Stories
Facebook Journalism Project Aims At A Healthy News Ecosystem
Facebook Buys Eye-tracking Startup Eye Tribe
Facebook Says Government Requests Rise 27 Percent
EC Alleges Facebook Provided Misleading Information About WhatsApp Takeover
Facebook Introduces Group Video Chat in Messenger
Facebook to Offer Tools To tackle Fake News
Facebook Messenger Launches New Native Camera

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .