Facebook's Instagram deal: Can one app be worth $1bn?
From the BBC:
One billion US dollars is a tidy sum of money.
It would buy you some some 2,100 Rolls Royce Phantoms. Or 200 million mosquito nets to fight malaria. Or the whole of the New York Times company (with $50m change to spare). If you are Microsoft, it buys you some 800 AOL patents to fight the next patent war.Read More ...
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