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09

Apr

Facebook buys Instagram for $1 Billion

If you haven’t heard today’s news yet, Facebook bought Instagram for roughly $1 Billion. 

What does this mean for us?

The app will not be entirely integrated into Facebook, but instead, Facebook will help the brand grow and reach more people.  It will become the next level of mobile photo-sharing.

“Millions of people around the world love the Instagram app and the brand associated with it, and our goal is to help spread this app and brand to even more people.”

-Mark Zuckerberg

(Source: Mashable)