Link: http://gigaom.com/2012/05/11/expect-a-6-month-freeze-on-facebooks-instagram-acquisition/
GigaOM reports that Facebook's acquisition of Instragram may take up to a year to clear regulatory hurdles. Apparently the Federal Trade Commission may be launching a probe into the acquisition, which would make Facebook a leader in photo sharing both on the internet and on mobile platforms. The FTC is concerned that Facebook would become the dominant advertiser on both these platforms, and hurt competition.
Link: http://gigaom.com/2012/05/11/expect-a-6-month-freeze-on-facebooks-instagram-acquisition/
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