Facebook buys Instagram for $1 billion
Facebook says it will acquire the popular photo-sharing service Instagram for a cool billion bucks. Queue the snark on Twitter.
- We're excited to announce something very big: Instagram + Facebook bit.ly/Hslpv2
- Mark Zuckerberg's full statement on Facebook's decision to buy @Instagram for $1 billion: slate.me/HsMJsC
Current status as a result of Instagram being acquired by Facebook for $1b. http://pic.twitter.com/ptw61Q0C- @jeffgerstmann Somewhere the founder of Hipstamatic is quietly tying a belt around his neck.
- WSJ: Facebook to Acquire Instagram for $1 Billion j.mp/HSQu4R <– Worth it for 31 million registered (highly engaged) users?
- Mark Zuckerberg to @Instagram: "You know what's cooler than a million dollars? A billion dollars."




















