celebrates instagram post trillion valuation dismissed: “Make America weird again,” quipped CNBC, describing Mark Zuckerberg’s Instagram post today commemorating America’s national Independence Day holidayMarketWatch explains:Yes, that’s the Facebook Inc. chief executive wakeboarding while holding an American flag to the tune of John Denver’s “Take Me Home, Country Roads.” Because: America. In fairness, Zuckerberg did have reason to celebrate, as the Federal Trade Commission’s antitrust case against Facebook was shot down (at least temporarily) last Monday, and a similar suit by [a coalition of 48] state attorneys general was dismissed outright. Facebook’s valuation shot above the $1 trillion mark for the first time following the dismissals, and its shares rose about 4% on the week. “If the plaintiffs had prevailed in the antitrust lawsuits, Facebook might have been required to divest Instagram and WhatsApp,” notes CNBC.” Instead, he’s using it to post a picture of himself flying an American flag on a $12,000 electronic surfboard.Read more of this story at Slashdot.
Click here to read full news..