UltraBB Forums Home 
Home Search search Menu menu Not logged in - Login | Register
UltraBB Forums > General Area > Chit Chat > Tech Talk > Facebook Buys Instagram For $1B

 Moderated by: Marty
New Topic Reply Printer Friendly
Facebook Buys Instagram For $1B  Rate Topic 
AuthorPost
 Posted: Tue Apr 10th, 2012 01:18 am
  PM Quote Reply
1st Post
sw23185
License Holder
 

Joined: Mon May 17th, 2010
Location: Virginia USA
Posts: 417
Status: 
Offline
Mana: 
User Gallery
Facebook to buy Instagram for $1 billion

$1 Billion for a company with essentially no revenue?  The company's barely 2 years old and the CEO could get $400 million from the deal ... not a bad ROI.

FYI ...

Back To Top PM Quote Reply  

 Posted: Tue Apr 10th, 2012 11:00 pm
  PM Quote Reply
2nd Post
TVDinner
Go UCONN!


Joined: Wed May 9th, 2007
Location: North Carolina USA
Posts: 1737
Status: 
Offline
Mana: 
User Gallery
smart move. Instagram was turning into it's own social media site that could compete on some levels with Facebook. Also its picture posting/editing was so slick that it will be a good addition for FB versus them creating their own.

Smart move and a good one for FB IMHO

Back To Top PM Quote Reply

 Posted: Tue Apr 10th, 2012 11:10 pm
  PM Quote Reply
3rd Post
Devans
License Holder


Joined: Tue May 27th, 2008
Location: Iowa USA
Posts: 1707
Status: 
Offline
Mana: 
User Gallery
I'm not a fan of Instagram. I have to agree with everyone else. Why do I want to take a 8MP 975x1630 image and have them chop it to a grainy 2001 digital camera image.. I downloaded the app and tried it for a week or so, but it has since been removed from my Inc2.

I do however think that Zuckergerg only purchased it to kill any competition.

Back To Top PM Quote Reply  

 Posted: Wed Apr 11th, 2012 09:24 am
  PM Quote Reply
4th Post
Mag
License Holder
 

Joined: Thu Jan 31st, 2008
Location: England, United Kingdom
Posts: 1545
Status: 
Offline
Mana: 
User Gallery
I do however think that Zuckergerg only purchased it to kill any competition.
That is what they were saying over here Dean

Back To Top PM Quote Reply

 Posted: Wed Apr 11th, 2012 10:26 am
  PM Quote Reply
5th Post
martin_wynne
Licence Holder


Joined: Sun May 25th, 2008
Location: West Of The Severn, United Kingdom
Posts: 2428
Status: 
Offline
Mana: 
User Gallery
sw23185 wrote: Facebook to buy Instagram for $1 billion

$1 Billion for a company with essentially no revenue?  The company's barely 2 years old and the CEO could get $400 million from the deal ... not a bad ROI.


http://www.bbc.co.uk/news/world-africa-17308913

Back To Top PM Quote Reply  

 Posted: Fri Apr 13th, 2012 03:53 pm
  PM Quote Reply
6th Post
Errongew
The Day isnt enought


Joined: Thu Apr 12th, 2012
Location: Benin
Posts: 3
Status: 
Offline
Mana: 
User Gallery
This is kind of stupid, but they should have their reasons.

Back To Top PM Quote Reply

Current time is 12:15 am  
UltraBB Forums > General Area > Chit Chat > Tech Talk > Facebook Buys Instagram For $1B Top



Hosting

UltraBB 1.17 Copyright © 2007-2012 Data 1 Systems, INC.
Page processed in 0.4317 seconds (27% database + 73% PHP). 26 queries executed.