Twitter Used Want to Buy Instagram $ 525 million

Some time ago there was news that the Facebook buy Instagram millions of dollars, now the news is back sticking out, but that brought no longer a name but the name of the Twitter Facebook reportedly had previous offers approximately 525 million dollars.

News reported by The New York Times from an unnamed source saying that Instagram CEO Kevin Systrom has approve a verbal offer of 525 million dollars in March, before he changed his mind and wanted to remain independent. Then the subsequent acquisition of Facebook that actually happened. Reportedly the Twitter was surprised and they were ready to make a higher offer, but the chance never came again.

Not long ago Twitter was deleting Instragram of his timeline so you can instantly bring up the photos but just a links course. This is reinforced by the increasing popularity of Instagram so the Twitter ought to worry. No wonder emerging issues therefore skewed.

In addition to its fierce competition between Facebook vs. Twitter, there are other problems. Systrom told the California Department of Corporations, which Instagram has never received a formal offer them. Of course this adds a whole other dilemma for the Twitter and Instagram.