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How Facebook Turned Instagram Into a $5 Billion Business - Techwebies
Facebook doesn’t talk about the money it makes from its photo-sharing app Instagram. But that hasn’t stopped others from talking about it, or at least speculating about it. The most recent of those speculations comes from analyst firm MoffettNathanson, whichpredicted Friday that Instagram will bring in $600 million in revenue over the next year, with …