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Facebook's 2012 Highs And Lows

2012 brought big ups and downs for Facebook, and for the companies that have bet some of their business on it.
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In April, Facebook announced that it was acquiring Instagram for an eye-popping $1 billion. At the time, many questioned whether Facebook was overpaying. (The deal ultimately went through, based on Facebook's stock price at the time, at $730 million.) In the last week, people have balked at new Instagram terms of service, which seem to indicate that the company could sell users' digital photos for use in social ads. Instagram has since said it has no intention of selling users' photos.


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Cara Latham
Cara Latham,
User Rank: Apprentice
1/2/2013 | 2:26:16 PM
re: Facebook's 2012 Highs And Lows
Usually, when Facebook announces new privacy features, it means the users have to perform a another action to ensure their information and profiles continue to be protected. In this recent change, though, I do believe Facebook made it easier for users to understand how to make better choices about their settings based on what they are comfortable in sharing.
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