What Facebook will do to improve its mobile juice after the IPO

Facebook isn't making money from its mobile apps, and neither are carriers. Something's gotta give.

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So while Facebook’s $1 billion acquisition of mobile/social photo service Instagram just seemed like a big old joke a few weeks ago, it might start to make more sense when you think about where Facebook stands among the small screens. Even if today’s IPO hype raises Instagram to a $1.2 billion acquisition, you can see how much a company that’s popular and trusted in the mobile space is worth to Facebook.

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