Food for Thought: Facebook and Instagram

In a merger of two popular new media services, Facebook announced that it will acquire Instagram for $1 billion in cash and stocks. Instagram will retain its independent social network of photographers, but will become more closely connected with Facebook’s photo platform.

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One Response to Food for Thought: Facebook and Instagram

  1. Anna says:

    I was struck yesterday when I read a Yahoo News article that compared the NYT to Instagram. Instagram was valued at $1 billion, while the NYT is worth $967 million.

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