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Facebook Makes Big Bet by Acquiring Instagram

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By acquiring Instagram for $1 billion, Facebook gets a dominant player in mobile apps, and neutralizes a potential rival, says Dan Lyons.

Dan Lyons
Dan Lyons
articles/2012/04/10/facebook-makes-big-bet-by-acquiring-instagram/facebook-instagram-lyons-teaser_tmlehy
Illustration by The Daily Beast; AP Photo
Dan Lyons

Dan Lyons

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