Detailed text transcripts for TV channel - MSNBC - 20120411:20:57:00
Remember kodak just filed for bankruptcy this year and they are the ones who invented polaroids. now instagram's most valuable asset is you its customer base of 30 million people. and it just sold to you facebook. there's a famous internet saying that explains if you're not paying for it, you're not the customer, you're the product being sold. that's why instagram doesn't need revenue or eliberate business model. it has the legal rights to the photos of its users. some are getting upset. there is a big backlash to the sale. avenues was announced, one of the most common tweets was people unstal...
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