Company that owns facebook and instagram explained
Company that owns facebook and instagram explained
3 months ago
cgaa.org
Explaining on Instagram: "Instagram was bought by Facebook (now called Meta) in 2012 in a landmark deal that reshaped social media forever. Founded in 2010, Instagram quickly exploded in popularity thanks to its focus on simple photo-sharing and mobile filters. Facebook saw the potential and moved fast. In April 2012, Facebook announced it would acquire Instagram for about US$1 billion in cash and stock 🌐📸 The acquisition helped Facebook expand into mobile and visual social media
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