Facebook buys Instagram, now what? The potential upgrades that could result of a merge between the world's largest social network and the most popular mobile photo-sharing app Facebook buys Instagram: is the latest internet bubble about to pop? One billion dollars for a company that has not even hit its second birthday, makes virtually no money and has just 13 employees on its payroll. It all sounds a bit fantastical and worryingly familiar. Facebook buys Instagram...but for what? Facebook doesn't need users, community, or a startup that's not yet profitable, no matter how hip it is, says Molly Wood. What's this huge purchase really about? Facebook Buys Instagram for $1 Billion: What the Experts Are Saying Mary Ellen Skawinski On the heels of the social network's colossal cash and stock buyout of the photo-sharing app, voices in the tech world are speaking out for an assortment of reasons. read more Facebook buys Instagram for $1bn Spends big bucks on eve of IPO Facebook buys Instagram for $1billion Acquisition showcases reality for services without business models Facebook buys Instagram for $US1b Facebook is spending $US1b ($A97m) to buy photo-sharing company Instagram in its largest acquisition ever. Facebook Buys Instagram for Mobile Photo Sharing Edge and Why Facebook buys Instagram for one billion. With 15 million users, Instagram is growing wildly because it has made mobile photo sharing not only easy, but fun. According to data from Wildfire Interactive (resource links below), Photo and video posts perform better in the new Facebook Timeline layout. If Facebook can start capturing more of this mobile photo activity, via Instagram, they'll be in ... Facebook buys Instagram: 13 employees share $100m as CEO Kevin Systrom set to make $400m The deal comes days after the San-Fransisco-based photo-sharing service, which was started just 15-months ago, began offering a version for Android phones. Facebook buys Instagram: What this means to Insta-photographers First Instagram moved its app outside the gated walls of the iPhone and onto the Android. Now, it's sold itself to Facebook . The outcry on Twitter was immediate: The nerve of the nine-now-likely-millionaires of the Instagram staff! Read full article >>
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