Tuesday, April 10, 2012

Facebook Plays Offense and Defense in a Single Deal - New York Times


New York Times

Facebook Plays Offense and Defense in a Single Deal
New York Times
SAN FRANCISCO â€" Is it crazy for Facebook, a start-up that has not yet even gone public, to be throwing $1 billion at Instagram, an even younger start-up? To some, the rich price tag on the deal, announced Monday, was yet more evidence of a bubble in ...
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