Facebook Buys Instagram For $1 Billion

Mark Zuckerberg announced that his Facebook social network has purchased start-up photo-sharing Web site Instagram for $1 billion dollars. Facebook will instantly put a stop to whatever innovative thinking made Instagram a success "as per our usual business model", Zuckerberg said.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s