Facebook Board Was In The Dark Over Instagram
It turns out Facebook Co-Founder and Chief Executive Officer Mark Zuckerberg negotiated the $1 billion purchase of Instagram all on his own, only giving the company’s board a heads up the day the deal was announced.
That’s according to a story in today’s Wall Street Journal that gives a tick-tock on how the deal went down. The piece examines what the Facebook board knew — and when it new it.
The board, which features such heavy hitters as Marc
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