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July 30, 2020 02:51 pm GMT

Emails Reveal Zuckerberg Neutralized Competition With Instagram Acquisition

Facebook bought Instagram for $1 billion in April 2012. For a company with just 13 employees, it was a very huge amount. Now, the leaked emails between CEO Mark Zuckerberg and CFO David Ebersman gives us an actual story behind the deal. The emails were revealed during the House antitrust subcommittee hearing on Wednesday. In [...]

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The post Emails Reveal Zuckerberg Neutralized Competition With Instagram Acquisition appeared first on Android Headlines.


Original Link: https://www.androidheadlines.com/2020/07/emails-reveal-zuckerberg-neutralized-competition-with-instagram-acquisition.html

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