Facebook announced today that it has bought Instagram, the popular mobile photo sharing service, for about $1 billion in cash and stocks. Facebook has acquired several companies in the past, but according to Mark Zuckerberg, it has never purchased a company as big as Instagram. Zuckerberg wrote on Facebook: “I’m excited to share the news [...]
Facebook Buys Instagram For $1 Billlion is a post from: The Inquisitr