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Is Instagram Another Path To Riches For Facebook?

4 years ago146 views

wochit

Wochit

Every quarter, Facebook executives go into great detail about the company’s financial condition for investors: revenue, profits, user growth, new types of advertising, how many users log on via mobile devices, even whether Facebook is losing popularity with teenagers. But they are strangely coy about Instagram , the mobile photo and video sharing service that Facebook bought in April 2012.