Facebook to admit ownership of Instagram, WhatsApp in hard-to-read small-print

Facebook to admit ownership of Instagram, WhatsApp in hard-to-read small-print

5 years ago
Anonymous $9jpehmcKty

https://techcrunch.com/2019/08/03/facebook-to-admit-ownership-of-instagram-whatsapp-in-hard-to-read-small-print/

For the first time in more than half a decade, Facebook wants to inform you that it owns Instagram, the hyper-popular rival social networking app it acquired for a $1BN steal back in 2012.

Ditto messaging platform WhatsApp — which Mark Zuckerberg splurged $19BN on a couple of years later to keep feeding eyeballs into his growth engine.