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Facebook Purchases Instagram for $1 Billion In Cash and Shares
(AllHipHop News) It has been confirmed that Facebook co-founder and CEO, Mark Zuckerberg, has purchased popular photography app, Instagram, for $1 billion in cash and shares. The Instagram acquisition is one of the largest in Facebook history, and according to Zuckerberg, the company does not plan on doing many more of these transactions, if any. […]
