
How close was Instagram to being acquired by Twitter? According to a report by The New York Times, it depends who you ask.

How close was Instagram to being acquired by Twitter? According to a report by The New York Times, it depends who you ask.
We're kicking off our upcoming Social Media Marketing Boot Camp with a special keynote presentation by Ella Chick (left), the digital producer at Anderson Cooper 360°. She'll discuss how the network uses social media for breaking news and leverages social media to draw attention to organizations and causes. Learn more about our program and register here. 
The long-awaited acquisition of Instagram by Facebook cleared another major hurdle on Wednesday. The California Department of Corporations approved the social network’s request to issue stock following the purchase of the popular photo-sharing application. While the deal has yet to officially close, it is almost a done deal.

Facebook is looking to speed completion of its $1 billion deal to acquire photo-sharing application Instagram and save a little money at the same time by scheduling a “fairness hearing” with the California Department of Corporations in San Francisco Aug. 29, according to reports.