Facebook buys Instagram: What They're Saying

On April 9th, 2012 Facebook announced that it had agreed to purchase popular photo sharing service Instagram in a deal reported to be worth some $1 billion. Here is a collection of the initial reaction to the news...

  1. Facebook founder Mark Zuckerberg made a formal statement confirming the news:
  2. Instagram co-founder Kevin Systrom shared the news via a company blog:
  3. We're excited to announce something very big: Instagram + Facebook bit.ly/Hslpv2
  4. Media headlines and initial reactions were factual, focused on the price and beginning to explore how the two companies may work together to create a better user experience...
  5. POLL: Will you stop using Instagram now that Facebook owns it? tnw.to/1DyeN by @thatdrew
  6. For a billion dollars! Wow wow wow. Congrats @kevin and team! I still remember when you were at that table in Dogpatch. Instagram home run!
  7. Others' reactions were not so rosy...the #RIPInstagram tag on Twitter was quickly filled with people lamenting the supposed 'loss' of another service.

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