Facebook (FB) Goes From Dog To Darling
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Facebook (FB) May Be Ready to Monetize Instagram
November 27, 2012 3:21 PM ESTAfter its debacle of an IPO, Facebook (NASDAQ: FB) continues to slowly win over Wall Street as the company makes an aggressive push to monetize its assets. The latest chatter suggests the social media juggernaut will soon monetize Instagram.
Facebook acquired Instagram in April 2012 for $1 billion and has largely left the service unchanged. This could all change soon, meaning users could be bombarded with ads.
Sterne Agee analyst Arvind Bhatia said Facebook's recently proposed changes to its data use... More
