Skip to main content

Facebook in Instagram Billion 1 tawh lei


A picture is worth a thousand words, but a popular photo-sharing app is worth far more: Facebook announced it is purchasing Instagram for $1 billion.
To put the sale in perspective, the Wall Street Journal's Dennis K. Berman tweeted: "Remember this day. 551-day-old Instagram is worth $1 billion. 116-year-old New York Times Co.: $967 million."
The purchase of the San Francisco-based photo-sharing app is the largest financial acquisition in Facebook's history and is being made in cash. The deal will be completed by June, according to the AP.
"This is an important milestone for Facebook because it's the first time we've ever acquired a product and company with so many users," CEO Mark Zuckerberg wrote on his Facebook page. "We don't plan on doing many more of these, if any at all."


In a move to reassure Instagram's growing audience of users, Facebook announced that it will continue to let Instagram operate independently. However, Facebook is hiring Instagram's 10 employees.
"We think the fact that Instagram is connected to other services beyond Facebook is an important part of the experience," Zuckerberg wrote. "We plan on keeping features like the ability to post to other social networks, the ability to not share your Instagrams on Facebook if you want, and the ability to have followers and follow people separately from your friends on Facebook."
Wired reports the sale will yield huge earnings for Instagram's CEO Kevin Systrom, along with the company's co-founder and several investments firms that have provided financial backing for Instagram. Systrom reportedly owns 40 percent of the company, meaning he will take home $400 million from the sale. Co-founder Mike Krieger will earn about $100 million from his 10 percent ownership share.
Labels:

Comments

Post a Comment

Popular posts from this blog

Zomi: Who They Are

Zomi Total population ca. 2,500,000 Languages Various Kuki , Mizo , Chin , Naga , Paite Religion Christianity , Animism , Buddhism , Laipian Related ethnic groups Naga , Meitei , Hmar , Mizo , Kuki Zomi [1] is the name of a major tribe found in various parts of South and South East Asia. The term Zomi meaning, Zo People [2] is derived from the generic name 'Zo', the progenitor of the Zomi. They are found in northwestern Myanmar, northeastern India and Bangladesh. Anthropologists classify them as Tibeto-Burman speaking member of the Mongoloid race. In the past they were little known by this racial nomenclature. They were known by the non-tribal plain peoples of Myanmar, Bangladesh and India as Chin, Kuki, or Lushai. Subsequently the British employed these terms to christen those 'wild hill tribes' living in the "un-admiral. They are Zomi not because they live in the highlands or hills, but are Zomi and call the...
2 comments
Read more

Proxy for Myanmar

Address ah 79.125.28.242 leh Port ah 443 194.12.240.149 443 87.120.58.129 8080 141.24.249.129 3124 128.59.20.227 3124 212.93.193.83 443 212.93.193.82 443 212.93.193.84 443 212.93.193.72 443 70.20.10.30 80 70.20.10.40 80 203.81.166.6 > 8080 124.30.27.20>8080 121.243.32.138>3128 82.75.182.22>9000 190.146.127.152>444 71.235.209.187>8080 203.81.166.20 > 8080 203.81.166.21 > 8080 203.81.163.66 > 80 70.20.10.30 > 80 70.60.20.30 > 80 72.52.96.31 > 80 203.163.81.66:80 70.85.16.16 :80 က usa proxy 203.81.1...
Post a Comment
Read more

Zawgyi KeyBoard Installer For Windows 7

Zawgyi Font for Bit 64 1. Firstly, install the file. The File is Zawgyi Font for Windows 7 . 2. Download this software, its a keyboard for  Zawgyi. 3. Go to "Text Services and Input Language" in Control Panel >>Fonts; and Select "Zawgyi Myanmar Unicode L" Then all will be ok! If you still have some problems on Bit 64, you can run Alpha Zawgyi and then, run the given file from Mediafire . That is "ZawGyil_amd64.msi, ZawGyil_i386.msi and ZawGyi_ia64.msi". Among all these three, you can choose whatever u wanna install, which of them is ok, that means you run one ".msi" file from the downloaded file. It will solve your problems. If you still have problem on installing Zawgyi keyboard on Windows 7, You add this IEZawgyiGtalkFont . Download this and run it. There will be ok! Zawgyi Keyboard Installer for Bit 32. Zawgyi Keyboard Installer for Bit 32 is to run Alphazawgyi only. If you run Alpha Zawgyi , everything is ok.
9 comments
Read more