As calls grow to split up Facebook, employees who were there for the Instagram acquisition explain why the deal happened
Facebook at the time was much smaller and fending off what threatened to be fierce competition from Twitter, which had already bid for Instagram, as well as Google's new social network.
24 Sep 2019 ... Instagram has become a key fixture of Facebook's growth. Facebook bought the photo-sharing start-up for $1 billion in 2012, paying what ...