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Facebook (FB)-owned photo sharing site Instagram will post $600 million in revenue this year as the site carries more ads, according to a report Thursday by research group eMarketer. And Instagram’s ad revenue will reach $2.81 billion in 2017, thanks to a new direct-response button and Facebook-style targeting capabilities, eMarketer said. Facebook paid $715 million for Instagram in 2012, but didn’t introduce ads until late 2013. On June 2, the Scalper1 News
Scalper1 News