Facebook has announced an Instagram acquisition agreement. Issue price - $ 1 billion

The infopovod itself is a complete garbage, but the fact that the service for posting photos with likes is worth a billion is somewhat frightening with the new dotcom bubble. Nothing significant press release husk from Zuckerberg.
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PPS Vlad Savov (columnist for Engadget and The Verge) recalls on his Twitter account that Yahoo! I bought Flickr for “miserable” $ 35 million. True, it was 2005.