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Posts Tagged ‘mark zuckerberg’

Facebook Buys Instagram For $1 Billion

Facebook Buys Instagram For $1 Billion

Facebook just bought Instagram for $1 billion in cash and stock. Instagram is a mobile-only photo-sharing app. It grew from 1 million users in January 2011 to 15 million in December 2011. It has 30 million users now. What's great about it is that it is very fast... especially compared to Facebook. With the Facebook iPhone app, there are [...]

The Zuckerberg Tax

The Zuckerberg Tax

Since taxes are charged or then refunded depending on whether a share appreciates or depreciates in value, all that's changing in this system versus the current one is when the tax is applied (that is, they pay capital gains before selling the shares rather than after). The argument for this is that it prevents families from profiting off of [...]

Damning Zuckerberg IMs confirmed

Damning Zuckerberg IMs confirmed

A series of "embarrassing and damaging" IMs from Mark Zuckerberg have been confirmed as real by The New Yorker, and by the Facebook founder himself. Among them, an exchange once leaked to Silicon Alley Insider in which Zuckerberg explains to a friend that his control of Facebook affords him access to any personal information he might care [...]