Tag: Instagram

Facebook Offered $3 Billion to Acquire Snapchat

Facebook’s $3 billion offer to buy Snapchat points to a growing number of mobile technology acquisitions. Yesterday The Wall Street Journal reported Facebook offered $3 billion to acquire Snapchat. While Snapchat has declined, Facebook’s offer points to growing trend of technology companies acquiring rather than building new mobile apps. Most recently, we’ve seen a string …

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