Thursday, 23 August 2012

Facebook's Takeover of Instagram

Facebook inc win approval green light for the takeover of photo sharing app  Instagram  at rate of $750 million.
 The leading social networking site in the world facebook inc have been clear today by the federal trade Commission to take over the ownership of photo sharing app Instagram.which give the California menlo park company advantages over is competitor on internet  search trends revenue.a deal the social network hopes will bolster its struggling mobile offerings. he company said earlier this year that sales growth is failing to keep pace with the increasing number of users as more members access the service from tablets and smartphones. votes was cast  5-0 from unanimous commissioners.

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