Facebook buys Instagram for $1 billion

  • Welcome to "The New" Wrestling Smarks Forum!

    I see that you are not currently registered on our forum. It only takes a second, and you can even login with your Facebook! If you would like to register now, pease click here: Register

    Once registered please introduce yourself in our introduction thread which can be found here: Introduction Board


Ben

Well-Known Member
Joined
Dec 3, 2010
Messages
5,660
Reaction score
83
Points
48
Location
Milwaukee




th21-630-instagram-android-630w.jpg


The little photo filtering app that could will be a landmark acquisition for the biggest name in social media​
When it rains it pours. White-hot social photo service Instagram just released its much-awaited Android app at long last, and now the company has just dropped an even bigger bomb. Instagram will be acquired by none other than social behemoth Facebook to the tune of $1 billion.
The news hit in tandem blog posts from Facebook and Instagram. Both posts suggest that the former company seeks to keep the Instagram we know and love rather than re-branding it altogether, thought we can expect to see sepia-toned photos woven even deeper into the fabric of our Facebook lives. According to Instagram, "It's important to be clear that Instagram is not going away. We'll be working with Facebook to evolve Instagram and build the network. We'll continue to add new features to the product and find new ways to create a better mobile photos experience."
Instagram is a wildly popular social network for phone photographers, but it's a uniquely mobile social media experience. While most web services of the sort launch of the web first and add an app after the fact, Instagram's network is solely accessible through the apps for Android and iOS. Though an unofficial web portal will let you peek at photos, and you can view individual images that are directly linked, you can only comment, like, and share through the app — for the moment, that is.
While today's whopping $1 billion acquisition comes as a bit of a surprise, in many ways, it makes perfect sense. Facebook went well out of its way to deeply integrate Instagram photos in its Timeline resdesign, letting users embed them full-width and tag them just like photos uploaded straight to Facebook. The company even had plans to add its own photo filters after reportedly failing to acquire Instagram in 2011. With news of the acquisition, it looks like Facebook will serve as the social app's long-lost web platform, while Instagram will pepper our Facebook feeds with even more of our friends' faux-vintage masterpieces.



 

Andrew

Well-Known Member
Joined
Jun 3, 2010
Messages
18,926
Reaction score
364
Points
83
Age
36
Location
Geelong, Australia
Favorite Wrestler
chrisbenoit2
Favorite Wrestler
princedevitt
Favorite Wrestler
sethrollins
Favorite Wrestler
ajstyles2
Favorite Wrestler
johncena2
Favorite Wrestler
ricochet
I use Instagram a lot, this is a good move by Facebook to buy out Instagram.
 

TheOneKnownAsFetter

Well-Known Member
Joined
Feb 26, 2012
Messages
1,504
Reaction score
36
Points
48
Location
Rochester NY
Favorite Wrestler
therock
Favorite Wrestler
edge
Favorite Wrestler
ajstyles
Favorite Wrestler
cmpunk
Favorite Wrestler
braywyatt
Favorite Wrestler
adamcole
It was bound to happen. May be one of the biggest buys since Google bought Youtube.
 

Heisenberg

Well-Known Member
Joined
Dec 5, 2011
Messages
10,876
Reaction score
86
Points
48
Location
Australia
Favorite Wrestler
danielbryan
Favorite Wrestler
brocklesnar
Favorite Wrestler
antoniocesaro
Favorite Wrestler
romanreigns
Favorite Wrestler
princedevitt
Favorite Wrestler
sethrollins
Good choice by Facebook, Instagram is a great app and it's rapidly growing.
 

AF.

Well-Known Member
Joined
Dec 19, 2010
Messages
2,088
Reaction score
27
Points
48
I've been wanting Instagram to get more popular since I started using it like 4 weeks ago. This could be good.
 

Derrick

Member
Joined
Apr 23, 2011
Messages
955
Reaction score
13
Points
18
Location
Pussystan
Favorite Wrestler
cmpunk5
Favorite Wrestler
brocklesnar2
Favorite Wrestler
ajstyles
Favorite Wrestler
kurtangle
Favorite Wrestler
nwo
Favorite Wrestler
samicalihan
Instagram is cool. I don't use it since I don't have anything with iOS, but a lot of my friends use it and I know it's an awesome app. Wish they made one for Android and Bada though.
 

We Are Legion

║▌║█║▌||| ║▌║▌█ ║█║║▌||
Joined
Dec 3, 2010
Messages
4,452
Reaction score
92
Points
53
Location
Montreal, QC
Favorite Wrestler
stonecold2
Favorite Wrestler
ricflair
Favorite Wrestler
jbl2
Favorite Wrestler
randysavage
Favorite Wrestler
nwo
I had never even heard of Instagram until I heard this report a couple days ago.

Well, I guess I hope it was money well spent.