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Facebook Buys Instagram For 1 Billion!

10/04/2012

 

Facebook buys Instagram

There’s a lot of speculation today about why Facebook would spend $1 billion to acquire the uber-hip photo-sharing app Instagram. To some, it seems obvious; to others, it’s the biggest sign yet of a growing Web bubble. To me, it just raises question after question, and the biggest one is “why.” What does Facebook gain from buying Instagram? Let’s look at some of the possible reasons, shall we?

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One Response to Facebook Buys Instagram For 1 Billion!

  1. Specs on 16/04/2012 at 08:10

    Instagram has more than 1 million users and this apps is very useful in facebook yet facebook were not the first to recognize this idea were not able to realize how important this idea to their existing application. So buying it is no brainer for them and one billion dollars is just only a coin compared to what the effect the instagram will bring to the facebook users.

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