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Facebook swallows Instagram for 1 billion US dollars

Facebook swallows Instagram for 1 billion US dollars

ILLUSTRATION - An Apple iPhone4 with a Instagram app is held in front of a Facebook logo on a computer monitor in Hanover, Germany, 10 April 2012. The social network Facebook, flush with cash as the company steers toward public trading scooped up the Instagram mobile photo-sharing application for about 1 billion dollars in cash and stock, on 09 April 2012. San Francisco, USA, based Instagram, with more than 30 million users, is one of the most popular free photo-sharing application on Apple's App store. Photo: JULIAN STRATENSCHULTE
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Stock Photo ID:
42-33812822
Date Photographed:
April 10, 2012
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No Release
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No Release
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Credit:
© Julian Stratenschulte/dpa/Corbis
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Rights Managed (RM)
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Collection:
Max File Size:
13 MB - 1539px × 3080px • 5.00in. × 10.00in @ 300 ppi
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