Tag: facebook
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3 Reasons why Facebook bought Instagram
Facebook has bought Instagram, a free photo sharing application that allows users to take a photo, apply a digital filter to it, and then share it on a variety of social networking services, for approximately $1 billion in cash and stock. This deal has cost Facebook about a quarter of the cash-on-hand they had as…
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Letter from Facebookâs Mark Zuckerberg
Facebook is going to sell shares to the public in an IPO. It could value the social network between $75 billion and $100 billion. It will be one of the biggest U.S. stock-market debuts of all time. The company is expecting to raise as much as $10 billion when it begins selling shares this spring.…
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Five fastest growing Social networking sites
In around 10 years, Internet has become indispensable part of our life. Initially people were dependent on email service to contact their friends, relatives and colleagues. Now with the arrival of numerous social networking websites, building online communities of people who share interests and activities, or who are interested in exploring the interests and activities…