Since its acquisition by Facebook in 2012, Instagram's user base has expanded from 30 million users to over 2 billion monthly active users worldwide (as of January 2024), higher than TikTok and WeChat. Instagram generated almost 30% of Meta's revenue in the f…
Facebook's $1 billion acquisition of Instagram in 2012 is hailed as a watershed moment. At the time analysts called the $1 billion price tag for Instagram exorbitant. However, the photo and video-sha…
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