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Instagram Now Worth $35 Billion

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AFRICANGLOBE - Instagram could be worth $35 billion, according to a new report from Citigroup on Friday. The new figure that the bank called “conservative” is almost double Citigroup’s previous valuation of $19 billion.

The Business Face Of Facebook

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AFRICANGLOBE - On February 4, 2014, the social networking service Facebook marked its 10th anniversary. Initially created for Harvard students, the website has since become one of the most powerful forces on the Internet, with over one billion users.

George Bush and Obama Destroyed the Black Middle Class

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In June, a poll conducted by the largest social network for African Americans, BlackPlanet.com, and NewsOne.com of 1,100 African Americans, revealed that 88 percent of them believe the economy has been better under President Obama than former President George W. Bush.
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