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Tag: photo-sharing

Facebook acquires Instagram for $1 billion

Facebook confirmed on its website that it has reached an agreement to purchase Instagram. Facebook CEO Mark Zuckerberg says, "I'm excited to share the news that we've agreed to acquire Instagram and that their talented team will be joining Facebook." The release says the photo-sharing app ...

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Facebook prepping a photo-sharing app for the iPhone

Leaked information provided to TechCrunch suggests Facebook is prepping a photo-sharing app for the iPhone. From the description, the app is a mixture of Instagram with some of the location information and social sharing of Path and Color. A few surprises are also supposedly thrown into the ...

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