Friday, July 27, 2012

Zuckerberg On Instagram: There?s Been No Integration, The Acquisition Hasn?t Closed

Screen shot 2012-07-26 at 2.53.57 PMAsked today on Facebook's very first earnings call about the status of Facebook's acquisition of Instagram, Facebook CEO Mark Zuckerberg confirmed that the photosharing startup had not been integrated AT ALL into Facebook, "The acquisition hasn't closed, so no integration at all yet," he said. Zuckerberg said that aside from the Instagram acquisition, Facebook will continue to move forward in its general strategy of talent acquisitions.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/wILejzdabPk/

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