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Facebook Buys Instagram For $1 Billion

#1 User is offline   Ken Gracey 

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Posted 10 April 2012 - 07:54 AM

Wow now i have one less reason to use Instagram.

1 Billion hey, not bad for a company thats been selling its app on the app store for less than 2 years.


Full story here
Come on 20K




Ken
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#2 User is offline   Some Random Bloke 

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Posted 10 April 2012 - 09:52 AM

You'd have to be pretty happy if you were an Instagram shareholder (can't be too many for an unlisted startup). I think I took about 2 photos on Instagram and couldn't see the point (I know others do, I just prefer different tools).
"I don't believe there's a power in the 'verse that can stop Kaylee from being cheerful...

...Sometimes you just wanna duct tape her mouth and dump her in the hold for a month."
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#3 User is offline   BrianB 

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Posted 10 April 2012 - 08:26 PM

It's a pretty amazing acquisition. I've also only used it a couple of times. I actually just deleted it from my phone last night as I went through a major App culling on my iPhone and Instagram was on the list. It's funny how this acquisition happened the day after i deleted it....:)
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#4 User is offline   Greumach 

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Posted 10 April 2012 - 11:13 PM

Cannot understand it, it's such a crap app, I prefer Awesome Camera (uploads to Smugmug) or Photogene or better still Snapseed.
Graham in Tassie
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#5 User is offline   Some Random Bloke 

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Posted 11 April 2012 - 10:43 AM

Fascinating that it hit No. 1 on the App Store the day after this news broke. Completely counter-intuitive.
"I don't believe there's a power in the 'verse that can stop Kaylee from being cheerful...

...Sometimes you just wanna duct tape her mouth and dump her in the hold for a month."
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