Instagram, a photo- and video-sharing website, has inked its very first advertising deal with an agency. Ad Age published a report Saturday that cited sources close to the situation saying Instagram signed a $100 million year-long deal with Omnicom. Both Omnicom and Facebook have … [Read more...]
Hide Your Kids, Hide Your Wife, Hide Your Instagram Photos
Yesterday, I wrote on the potential lawsuits that could come as a result of Facebook’s (NASDAQ:FB) acquisition of Instagram back in April for $1 billion. Some believe that Twitter could make a case for the alleged “verbal agreement” that Instagram CEO Kevin Systrom made for a $525 … [Read more...]
Will Instagram Founder Kevin Systrom Face Criminal Charges
In April of this year, Facebook (NASDAQ:FB) acquired the photo sharing site, Instagram for $1 billion. What we did not originally know is that Twitter was reportedly bidding on Instagram for $525 million, according to an article in the New York Times. … [Read more...]
