#TalkThursday: Facebook buying Instagram, good or bad?


MANILA, Philippines – The world’s biggest social networking site, Facebook, bought mobile photo-sharing app/startup Instagram for a jaw-dropping $1 billion dollars on April 9.

Based on a report from TechCrunch the deal with Facebook valued the company at more than double its worth based on its latest round of funding just a week before it was acquired by the social networking giant.

Maria Ressa (@maria_ressa) talks to one of the founders of Internet & Mobile Marketing Association of the Philippines (IMMAPHans Roxas-Chua (@hansrc) about Facebook’s acquisition of Instagram and the impact of this much-talked about deal to the social media industry. – Rappler.com

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