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Facebook's (FB) Mark Zuckerberg announces via his Facebook page that the company is purchasing...

Facebook's (FB) Mark Zuckerberg announces via his Facebook page that the company is purchasing Instagram for $1B in cash and stock.
Comments (3)
  • lol. is this like google buying youtube? or like BAC buying countrywide?
    9 Apr 2012, 05:42 PM Reply Like
  • a picture is worth a billion dollars
    9 Apr 2012, 05:44 PM Reply Like
  • Worthless. Broke 20-somethings posting photos of cats and cheap vodka. But then again, Facebook is apparently worth $100B, even when they only have about $1B in earnings (and slowing).

     

    Pass on this IPO.
    9 Apr 2012, 10:31 PM Reply Like
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