Mark Zuckerberg reveals that Facebook has acquired Instagram

Mark Zuckerberg reveals that Facebook has acquired Instagram


In a surprising turn of events (or was it really?) Mark Zuckerberg, or better known as Mr. Facebook, has confirmed that Facebook have in fact aquired the popular iOS and Android App ‘Instagram’ on a message through his Facebook page. Of course, it needs to be noted that Facebook thought the app was so popular that they dropped an entire ‘B’ (aka $1 Billion USD) on the team of dev’s behind Instagram. While that might seem a lot to us (you know.. for hipster filters), we should consider the fact that Mark simply opened his sock drawer and pulled the cash out like we pull out socks.

Zuckerberg added that the deal won’t affect current logins with social networks (Twitter, Foursquare and Tumblr – you’re safe for now). “We think the fact that Instagram is connected to other services beyond Facebook is an important part of the experience. We plan on keeping features like the ability to post to other social networks, the ability to not share your Instagrams on Facebook if you want, and the ability to have followers and follow people separately from your friends on Facebook” he said on his page.

While this is a surprising move, we think it’s a good one because Facebook can certainly improve upon current Instagram features by adding timelines or something popular like that (we kid the people at Facebook, we actually like Timelines). Still, the developer team will certainly have much more to go on with now, with the might of the Facebook empire behind them.

In other news, this bodes very well for Windows Phone users. Why? Because Microsoft actually owns 1.6% of Facebook and so it means they own part of Instagram now (technically speaking). In our recently poll, across 163 pollers, Instagram was the leading ‘Most Requested App’ for Wp7 devices, so that dream might not be so far after all. Soon friends, soon.

To read Mark’s entire announcement, click on the source link below.

Source: Facebook

Founder and Chief Editor of Techin5, currently based in Melbourne Australia. Has always had a deep appreciation of Technology and how it helps people, which led to the birth of Techin5. You can follow me on Twitter at @jubbing and on Instagram