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  2. Aug 4, 2020 · Facebook’s $1 billion acquisition of Instagram was a watershed moment for Big Tech. It demonstrated just how much wealth and power the industry holds — and how it could be wielded. Secret...

  3. Jul 27, 2022 · Josh Edelson/AFP via Getty Images. When Facebook made a bid to buy Instagram in 2012 for a record-setting $1 billion, many people thought Mark Zuckerberg was making a mistake.

  4. Apr 9, 2012 · Facebook today announced it is acquiring Instagram (and its 13 employees) for approximately $1 billion in cash and stock, just two months after a rumor suggested the Facebook photo sharing...

  5. Apr 19, 2016 · Facebook is likely hoping Instagram can grow into its fourth billion-user platform, after Facebook itself, WhatsApp (also an acquisition) and Messenger. Even if it doesn’t reach the heights...

    • Victor Luckerson
  6. Dec 11, 2020 · Facebook announced and finalized the deal back in 2012. The original April 2012 announcement confirmed the acquisition cost $1 billion in a combination of cash and company shares, and included a lengthy public announcement from the company's CEO.

  7. Apr 13, 2012 · In a surprise move, Facebook announced it had agreed to acquire photo sharing app Instagram for $1 billion. The company acquired all 13 of Instagram's employees, and came right after...

  8. Apr 9, 2017 · It’s been exactly five years to the day since Facebook announced one of the best business acquisitions in the history of Silicon Valley: The $1 billion purchase of a photo-sharing app called...

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