Delicious/delimiterau
- Earning billions and getting taxed a pittance
- Dell chief defends transfer pricing
- Qantas tech exec shifts to Jetstar
- Zurich Australia leads regional thin client push
- Early investors drop Facebook
- Victoria kills HealthSMART IT project
- Woz not great - mUmBRELLA
- Santos' thin client starts big-data plans
- Nokia Lumia 800 revs up at Bridgestone
- Telstra privacy breach was 'one little oops'
Posts Tagged ‘mark zuckerberg’
International - Wednesday, April 11, 2012 10:00 - 0 Comments
Instagram and Facebook: the next tech bubble?
A company with no revenues and barely any staff gets acquired for a billion dollars? It has to be a bubble, doesn’t it? So has gone the reaction of many to the news that Facebook – the giant among social networks, with more than 850 million users worldwide – is buying the mobile photo-sharing service Instagram, which is just 551 days old, has 30 million users uploading 5m photos a day, and which just a week ago sold a 10% stake for $50m of venture capital funding from Sequoia Capital and Greylock Partners, effectively valuing it at $500m.
- Facebook announces $1bn purchase of mobile photo network Instagram
- The Facebook IPO: billion-user ambition at a $100bn price
- Facebook’s quietly confident IPO
- Facebook reminds Australia: Moderate your Pages
- Dear Mark, in Australia we love “the Facebook”
- Rudd says “no apologies” for internet filter
- Anna Bligh appeals to Facebook chief Zuckerberg








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