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.
- — Andrew D. Nystrom (@adnys)Mon, Apr 09 2012 10:28:23WSJ: Facebook to Acquire Instagram for $1 Billion http://j.mp/HSQu4R lt;– Worth it for 31 million registered (highly engaged) users?
- — Keith Whamond (@keithwhamond)Mon, Apr 09 2012 10:25:42The Facebook/Instagram thing is just baffling. Do they really need more users? Could they not figure out how to apply filters to photos?
Did you find this story interesting? Be the first to like or comment.