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Facebook acquires Instagram for $1 billion

Facebook CEO Mark Zuckerberg on Monday delivered announced via a post on his  social-networking site that Facebook will acquire the smart phone app company, Instagram for $1 billion in cash and stock."For years, we've been focused on …

Published: 10 Apr 2012 at 12:37hrs | 1871 | by Moyo Roy

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Facebook acquires Instagram for $1 billion

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