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Facebook's purchase of Instagram was big news because a lot of people thought of Instagram as an app that lets people post cheesy filtered selfies, and it seeme
by voyou 13y ago
Facebook's purchase of Instagram was big news because a lot of people thought of Instagram as an app that lets people post cheesy filtered selfies, and it seemed surprising that that was worth a billion dollars. Google buying Nest has a somewhat similar hook, in the sense that you can tell a story around "WTF is this company doing and why do Google think it's worth so much." Vodafone buying ONO is one telecommunications company buying another telecommunications company; it's not obvious why it would be interesting to anyone outside of the telecommunications industry.