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Report: Instagram Is On Track To Becoming A $5 Billion Product

Talk about a sound investment: Video advertising on Instagram could earn Facebook a lot of money.

Facebook’s $1 billion acquisition of Instagram sure seems to be paying off: A new report indicates that Instagram is well on its way to becoming a $1.8 billion to $3.7 billion a year business over the next few years, and that the photo-sharing app is already worth more than a billion dollars. MoffettNathanson, the research firm that compiled the report, also sees Instagram becoming a huge advertising cash cow for parent company Facebook.

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Cuba Could Be The Next Market For American Telecom Firms

The Obama administration’s modified sanctions against Cuba could see telecom providers improving Internet connectivity in the country.

The U.S. could stand to make considerable money from its newfound detente with Cuba, it seems. The Obama administration is loosening its sanctions on Cuba, which means American telecom and Internet providers will now be able to make inroads into the country. According to the Washington Post, this could lead to two important changes. First, giant American telecommunications firms like Verizon, Comcast, and AT&T can enter into agreements with Cuban partners to offer better mobile and broadband service. Second, American companies can now outsource work to Cuban software developers.

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Dollar Tree clears out some Family Dollar stock

Consumers have begun to see an early benefit from Dollar Tree Inc.’s recent takeover of Family Dollar stores: Half-price discounts on items to be discontinued at Family Dollar.
The sales, labeled “red-tag clearance events,” began earlier this week at all Family Dollar stores, Randy Guiler, a spokesman for Dollar Tree, said Thursday.

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Business Travel Tips To Make You Worthy Of An Upgrade

Tommy Goodwin of Eventbrite spends half the year on the road. Here are his tips for being a happy traveler, even when the going gets tough.

There’s a certain type of traveler who likes to complain. The flight’s a tad delayed? “This is a travesty! Let me speak to your supervisor!” The in-flight meal’s a little cold? “Give me your name—I’m reporting this as soon as we land!” The TSA line is crawling? “What is this, a third-world country?”

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