Tech: Facebook Buys Instagram For One Billion Dollars
Facebook founder Mark Zuckerberg has reportedly purchased Instagram for one billion dollars. Zuckerburg took to Facebook to make the huge announcement.
“For years, we’ve focused on building the best experience for sharing photos with your friends and family,” Zuckerberg said in the post.“Now, we’ll be able to work even more closely with the Instagram team to also offer the best experiences for sharing beautiful mobile photos with people based on your interests.”
Zuckerberg went on to say that Facebook will be improving on the apps strengths while keeping features within the app that allow photos to be published on other social networks, and the ability to have followers and follow people who are not necessarily your Facebook friends. This stunning announcement arrives just days after Instagram allowed Android users to download the popular photo sharing app.
