Facebook to Investors: Here’s Why We Bought Instagram

See on Scoop.it – iPhones and iThings

Facebook’s updated S-1 filing has offered some new details on its recent Instagram purchase, including structure of the payment.
The social networking giant paid $300 million in cash for Instagram and about 23 million shares of common stock.
See on mashable.com

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RJ is a Computer Technologist by education, a Semiconductor Technician by profession and a stay-at-home homeschool mom by choice. In between keeping up with crazy house chores, homeschooling and blogging, she spends her borrowed time reading and singing on karaoke apps on her iPhone.

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