SAN FRANCISCO - Weeks before he accepted a $1 billion offer from Facebook Inc, Instagram CEO Kevin Systrom had verbally agreed to sell his photo ...
Disruptions: Instagram Testimony Doesn't Add Up
Kevin Systrom, chief executive of Instagram, insists his company never received any formal acquisition offers besides Facebook's, but evidence suggests otherwise.
New York Times
Instagram to swap your personal data with Facebook
As expected, Instagram and Facebook will begin sharing the data they collect about users with each other. Some changes have already been made to Instagram's privacy policy, but the real updates will take effect one month from today.
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