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  Facebook to buy Instagram for $1 billion
 
  Facebook agreed to Instagram, a less-than two-year-old company that makes a popular mobile photography application, for a whopping $1 billion.

"The Instagram app will still be the same one you know and love. You’ll still have all the same people you follow and that follow you. You’ll still be able to share to other social networks. And you’ll still have all the other features that make the app so fun and unique," Systrom said.

For more, check out this msnbc.com story.

 
      Posted by: Agitator!!, April 10, 2012, 3:04 am  

 
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