Facebook Plays Offense and Defense in a Single Deal – New York Times

by Blogburger on April 11, 2012


New York Times
Facebook Plays Offense and Defense in a Single Deal
New York Times
SAN FRANCISCO — Is it crazy for Facebook, a start-up that has not yet even gone public, to be throwing $ 1 billion at Instagram, an even younger start-up? To some, the rich price tag on the deal, announced Monday, was yet more evidence of a bubble in
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