 The Associated Press | Facebook buying photo-share app Instagram for $1B The Associated Press By BARBARA ORTUTAY, AP Technology Writer â€" 1 minute ago NEW YORK (AP) â€" Facebook is spending $1 billion to buy the photo-sharing company Instagram in the social network's largest acquisition ever. On the surface, that's a huge sum for a tiny startup ... Instagram co-founders are young, widely praised -- and very, very rich Instagram buyout nets co-founders $500 million Facebook Agrees to Buy Instagram Photo App for $1 Billion |
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