Facebook Buys Instagram For $1 Billion:
Facebook has announced that they have purchased the popular iOS and Android photo sharing app Instagram, the news was announced by Facebook CEO Mark Zuckerberg on Facebook.
Facebook also announced how much they paid for Instagram, the deal is worth a total of $1 billion, and Facebook also announced that Instagram will continue to be run as a separate app.
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Original Story Facebook Buys Instagram For $1 Billion
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