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View Full Version : Facebook Buys Instagram


Jeff Campbell
04-09-2012, 07:27 PM
<div class='os_post_top_link'><a href='http://dealbook.nytimes.com/2012/04/09/facebook-buys-instagram-for-1-billion/?emc=na' target='_blank'>http://dealbook.nytimes.com/2012/04...billion/?emc=na</a><br /><br /></div><p><em>"Facebook is not waiting for its initial public offering to make its first big purchase."</em></p><p><img height="193" src="http://images.thoughtsmedia.com/resizer/thumbs/size/600/at/auto/1333994858.usr105634.jpg" style="margin-left: 200px; margin-right: 200px;" width="200" /></p><p>And that first big purchase is Instagram, for $1 billion in cash and stock according to a <a href="https://www.facebook.com/zuck/posts/10100318398827991" target="_blank">Facebook post</a> by Zuckerberg. He says he is going to keep it separate from Facebook. Some, like <a href="http://brooksreview.net/2012/04/fb-instagram/" target="_blank">Ben Brooks</a>, aren't too sure about it and are using the <a href="http://help.instagram.com/customer/portal/articles/95760-i-want-to-delete-my-account" target="_blank">"delete my account"</a> option to get out while they can. Gizmodo has a <a href="http://gizmodo.com/5900380/how-to-export-your-instagram-photos-before-facebook-ruins-everything" target="_blank">post up now</a> too on how to export all of your photos "before Facebook ruins everything." Me? I don't use it too often, but I'm more of the wait and see approach. What are your thoughts?</p>