Facebook buys Instagram for $1 billion
Facebook has bought the photosharing app company Instagram for reportedly a $1 billion. Facebook CEO Mark Zuckerberg announced the news in a blog post on Facebook in which he explained that he hopes to spread the
The idea for the purchase came from… you guessed it, a hacker. Instagram isn't the only thing Facebook bought recently. The social networking giant has purchased a vintage sign “The Hacker Company” and installed it at its 1 Hacker Way headquarters.
Facebook has announced it is to buy Instagram, the popular photo-sharing smartphone app. Facebook is paying $1bn in cash and stock for the takeover. Instagram was only launched in October 2010, initially just for the iPhone before being offered as an
Facebook has bought the photosharing app company Instagram for reportedly a $1 billion. Facebook CEO Mark Zuckerberg announced the news in a blog post on Facebook in which he explained that he hopes to spread the
Facebook has bought the photosharing app company Instagram for reportedly a $1 billion. Facebook CEO Mark Zuckerberg announced the news in a blog post on Facebook in which he explained that he hopes to spread the
