Monday, April 9, 2012

Facebook buying photo-sharing app Instagram - Houston Chronicle


ABC News

Facebook buying photo-sharing app Instagram
Houston Chronicle
By Casey Newton Instagram is demonstrated on an iPhone. Facebook is spending $1 billion to buy the photo-sharing startup in the social network's largest acquisition. Photo: Karly Domb Sadof / AP SAN FRANCISCO - Facebook took steps Monday to bolster its ...
Facebook says it will spend $1 billion to buy the photo-sharing software ...Washington Post
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Instagram buyout nets co-founders $500 millionSlashGear
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