An Interest In:
Web News this Week
- April 19, 2024
- April 18, 2024
- April 17, 2024
- April 16, 2024
- April 15, 2024
- April 14, 2024
- April 13, 2024
Some of Our Sources
- Slashdot
- Engadget
- Smashing Apps
- Abduzeedo
- TutsPlus - Design
- Fudge Graphics
- Line 25
- Freelance Switch
- Codrops
- TechPowerUp
Help Webnuz
Referal links:
August 23, 2012 05:15 am GMT
Evidence from Facebook and Instagramplus analysis from outside experts has convinced the Federal Trade Commission to today approve the landmark acquisition. After four months of investigation, the UK's Office Of Fair Trading that works with the FTC also revealed exactly whyit approved the deal.The OFT cites that Camera+ and other competitors dwarf Facebook's standalone Camera app, Instagram has no revenue and limited ways to earn any, and that Google's ad business and social network will be stiff competition for Facebook even if it owns Instagram.Here's the breakdown of the OFT's decision, which likely includes many parallels to how Zuck got his way in 5-0 FTC vote for Facestagram.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/PhWP4AoKSQ0/
Why The OFT And FTC Let Facebook Buy Instagram: FB Camera Is Tiny, IG Makes No Money, And Google
Evidence from Facebook and Instagramplus analysis from outside experts has convinced the Federal Trade Commission to today approve the landmark acquisition. After four months of investigation, the UK's Office Of Fair Trading that works with the FTC also revealed exactly whyit approved the deal.The OFT cites that Camera+ and other competitors dwarf Facebook's standalone Camera app, Instagram has no revenue and limited ways to earn any, and that Google's ad business and social network will be stiff competition for Facebook even if it owns Instagram.Here's the breakdown of the OFT's decision, which likely includes many parallels to how Zuck got his way in 5-0 FTC vote for Facestagram.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/PhWP4AoKSQ0/
Share this article:
Tweet
View Full Article
Techcrunch
TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.More About this Source Visit Techcrunch