Facebook’s $1 billion deal to acquire Instagram was actually a $715 million deal to acquire Instagram, as the social network’s slumping stock price lowered the value of the major component of the deal for the photo-sharing application, Facebook revealed in its 10-Q filing with the Securities and Exchange Commission.
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. 
How Facebook planned to monetize mobile was a big question mark that surfaced during the social network’s roadshow to promote its initial public offering Friday. Then, photo application Lightbox announced yesterday that its seven-strong mobile team had been snatched up by Facebook (although it is not technically an acquisition).
