Twitter made $525 million offer for Instagram weeks before Facebook's offer

0. phoneArena posted on 17 Dec 2012, 02:31

Instagram's CEO Kevin Systrom might have lied under oath when under questioning by the California Corporations Department when he told them that outside of the offer from Facebook, then worth a cool one billion dollars, Instagram had never received another formal offer for the social photo-sharing site; it turns out that Twitter offered $525 for the company a few weeks earlier...

This is a discussion for a news. To read the whole news, click here

Post Comment

Want to comment? Please login or register.

1. clevername posted on 17 Dec 2012, 03:11 3 0

Someone needs to go to jail. Too many white collar criminals getting away with sh!t.

2. jmoita2 posted on 17 Dec 2012, 13:14 0 0

Agreed. They should charge the scum bag CEO and send him away for a few years. Will it happen? Highly unlikely. If you still haven't, just look at the HSBC scandal. Your jaw will drop. Seems that just like in Medieval Europe, some of us are just way above the law. Now, try not to pay a traffic infraction and see what happens...

3. motty posted on 17 Dec 2012, 20:40 0 0

OMG!!! Too Much Money I cant count on my hands

Want to comment? Please login or register.

LG Optimus F3
- Posted: 21 May 2013
- OS: Android 4.1.2
- Hardware: Dual core
- Display: 4.0 inches, 480 x 800 pixels, Capacitive Touchscreen
Nokia Lumia 925
- Announced: 14 May 2013
- OS: Windows Phone 8
- Hardware: Dual core, 1500 MHz, Krait, 1024 MB RAM
- Display: 4.5 inches, 768 x 1280 pixels, Capacitive Touchscreen
- Camera 8.7 megapixels, 1920x1080 (1080p HD) video
- Battery: 18.3 hours of Talk Time, 432 hours of Stand-by
- Technology: GSM (850 900 1800 1900)
- Data: LTE Cat3 Downlink 100 Mbit/s LTE Cat3/4 Uplink 50 Mbit/s HSDPA+ (4G) 42.2 Mbit/s HSUPA 5.76 Mbit/s
BlackBerry Q5
- Announced: 15 May 2013
- OS: BlackBerry
- Hardware: Dual core, 1200 MHz, 2048 MB RAM
- Display: 3.1 inches, 720 x 720 pixels, Capacitive Touchscreen
- Camera 5 megapixels
Sony Xperia ZR
- Announced: 13 May 2013
- OS: Android 4.1
- Hardware: Quad core, 1500 MHz, 2048 MB RAM
- Display: 4.5 inches, 720 x 1280 pixels, Capacitive Touchscreen
- Camera 13 megapixels, 1920x1080 (1080p HD) video
- Technology: GSM (850 900 1800 1900)
- Data: HSPA (unspecified) UMTS EDGE GPRS
Nokia Lumia 928
- Announced: 10 May 2013
- OS: Windows Phone 8
- Hardware: Dual core, 1500 MHz, Krait, 1024 MB RAM
- Display: 4.5 inches, 768 x 1280 pixels, Capacitive Touchscreen
- Camera 8.7 megapixels, 1920x1080 (1080p HD) video
- Battery: 16.2 hours of Talk Time, 606 hours of Stand-by
- Technology: GSM (850 900 1800 1900), CDMA (800 1900)
- Data: LTE Cat3 Downlink 100 Mbit/s LTE Cat3/4 Uplink 50 Mbit/s HSDPA+ (4G) 42.2 Mbit/s HSUPA 5.76 Mbit/s UMTS EDGE GPRS EV-DO Rev.A
Vertu Ti
- Posted: 09 May 2013
- OS: Android 4.0
- Hardware: Dual core, 1700 MHz, 1024 MB RAM
- Display: 3.7 inches, 480 x 800 pixels, Capacitive Touchscreen
- Camera 8 megapixels, 1920x1080 (1080p HD) video
- Battery: 7.3 hours of Talk Time, 200 hours of Stand-by
- Technology: GSM (850 900 1800 1900)
- Data: HSDPA+ (4G) 42.2 Mbit/s HSUPA 5.76 Mbit/s EDGE GPRS
Nokia Asha 501
- Announced: 09 May 2013
- Hardware: 64 MB RAM
- Display: 3.0 inches, 240 x 320 pixels, Capacitive Touchscreen
- Camera 3.2 megapixels, 320x240 (QVGA) video
- Battery: 17 hours of Talk Time, 1152 hours of Stand-by
- Technology: GSM (900 1800)
- Data: EDGE GPRS
Samsung Galaxy Core
- Announced: 06 May 2013
- OS: Android 4.1
- Hardware: Dual core, 1200 MHz, 1024 MB RAM
- Display: 4.3 inches, 480 x 800 pixels, Capacitive Touchscreen
- Camera 5 megapixels, 720x480 (DVD) video
- Technology: GSM (850 900 1800 1900)
- Data: HSPA (unspecified) HSUPA 5.76 Mbit/s UMTS EDGE GPRS