Tuesday, 10 April 2012

Facebook Buys Instagram

Facebook has officially bought the popular photo sharing app Instgram. The deal worth $1Billion, will be made up of cash and stocks. The app that has been on iOS for over a year was released on Android last week and saw 1Million downloads in the first 24 hours (which makes it very popular). Nobody knows what Facebook will now do with this app, but let's hope they don't ruin it. Leave your thoughts in the comments below.

1 comment:

Billy said...

a lot of money spent!

Post a Comment