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Facebook Faces FTC Probe Over Instagram, Unlikely to Delay IPO
The Federal Trade Commission (FTC) has reportedly launched a competition probe into Facebook’s $1 billion acquisition of Instagram. The investigation could take up to 12 months, but it will not necessarily delay Facebook’s IPO, which is expected next week. “Typically speaking, unless the FTC has actual regulatory concerns — in other words they think the prospectus doesn’t have all the information the investing public might need — then Facebook can go ahead an IPO,” James Brau, a professor of finance at Brigham Young University, tells Mashable. He says he...
Published By: Mashable - Thursday, 10 May, 2012
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No, Instagram Isn't Randomly Deleting Accounts Mashable (Today) - A glitch Thursday night prompted rumors that Instagram was randomly deleting accounts. However, the company...
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Report: Google Could Soon Face New FTC Antitrust Probe Into Its Display Ads Business Tech Crunch (Yesterday) - Bloomberg today reports that Google could face a new U.S. Federal Trade Commission (FTC) antitrust...
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Teens' enthusiasm for Facebook is 'waning,' says study msnbc (2 days ago) - American teenagers have "waning enthusiasm" for Facebook, but they're still using the social network while...
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Facebook Teens Weary of 'Drama' ABC News (2 days ago) - A recently released Pew study shows that teenage users have been moving some of their...
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