Analysts: FB seeing losing billion dollars in Instagram
FB paid one billion to buy Instagram. Analysts have not seen any dollars back for at least three more years.
Analysts seeing more lawsuits against FB/ Instagram which would cost FB million dollars. this year.
AppData gave the Post information last week that shows Instagram peaking at 16.4 million active daily users the week it rolled out its policy change and falling to 12.4 million as of yesterday. “[We are] pretty sure the decline in Instagram users was due to the terms of service announcement,” AppData said.