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5 HOURS AGO - UPI

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Analyst: Instagram now worth 35 times what Facebook paid for it

Frances BurnsNEW YORK, Dec. 19 (UPI) -- The photo-sharing app Instagram, acquired by Facebook two years ago for $1 billion, is now worth $35 billion, a Citigroup analyst said Friday.

Tags: Analyst: Instagram now worth 35 times what Facebook paid for it,  Facebook Latest News

5 HOURS AGO - Benzinga

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Citi Raises Price Target On Facebook, Says Instagram Is Worth $35 Billion

Citi raised its price target on Facebook Inc (NASDAQ: FB) Friday from $86 to $91 and maintained a Buy rating. Latest Ratings for FB DateFirmActionFromTo Dec 2014CitigroupMaintainsBuy Dec 2014MKM PartnersInitiates Coverage onBuy Nov 2014Hilliard LyonsInitiates Coverage onLong-term Buy View More Analyst Ratings for FB View the Latest Analyst Ratings

Tags: Citi Raises Price Target On Facebook, Says Instagram Is Worth $35 Billion,  Facebook Latest News

5 HOURS AGO - TheStreet

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eBay Stock Declines Following Revelation of Outgoing CEO's $23 Million Golden Parachute

NEW YORK (TheStreet) -- eBay shares are down 0.7% to $57.13 in trading on Friday after an SEC filing revealed that the online retailer was paying outgoing CEO John Donahoe a $23 million package not to leave the company before it's planned spin off of PayPal. Four of the company's other top executives will also leave the company once the spin off ...

Tags: eBay Stock Declines Following Revelation of Outgoing CEO's $23 Million Golden Parachute,  Facebook Latest News

6 HOURS AGO - USA Today

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Instagram is worth $35 billion, says Citigroup

That's $34 billion more than the price Facebook paid to buy Instagram.        

Tags: Instagram is worth $35 billion, says Citigroup,  Facebook Latest News

6 HOURS AGO - NPR

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Instagram Is Now Valued At $35 Billion By Citigroup Analysts

Less than three years ago, Facebook purchased Instagram for $1 billion. The photo-sharing service is said to have more than 300 million users.

Tags: Instagram Is Now Valued At $35 Billion By Citigroup Analysts,  Facebook Latest News