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Daily Archives: April 9, 2012

In this April 7, 2011 photo, CEO Kevin Systrom, at left, works alongside engineer Shayne Sweeney at Instagram in San Francisco.

Photography by Marcio Jose Sanchez/AP Photo

In this April 7, 2011 photo, CEO Kevin Systrom, at left, works alongside engineer Shayne Sweeney at Instagram in San Francisco.

$1B for Instagram? For Zuckerberg, That’s Just the Price for Popularity

One thing we know about Mark Zuckerberg is that he’s a big fan of eyeballs. That would explain the $1 billion the Facebook CEO just shelled out for Instagram, which is currently more popular on Apple and Google devices than...

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Kevin Systrom, right, and Mike Krieger are the founders of Instagram.

Courtesy Instagram via Bloomberg

Kevin Systrom, right, and Mike Krieger are the founders of Instagram.

Building a Billion-Dollar Business? Yeah, There’s an App Store for That

While Silicon Valley is asking what today’s Instagram news says about Facebook, a more apt question may be: What does it say about Apple? Until last week, Instagram was an application built exclusively for the iPhone. Even so, in less...

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