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Kim Kardashian's Sexy Picture Validates Facebook's $1B Instagram Acquisition
Friday, June 1, 2012 - 11:37am | 273Ever since Facebook (NASDAQ: FB) announced that it will acquire a mobile photo sharing app, Instagram, for $1 billion, people have raised questions about the enormously high valuation of the company that does not currently generate any revenues. The validation for Mark Zuckerberg's latest deal may...