Breaking: Facebook buys Instagram for about $1 Billion

11 thoughts on “Breaking: Facebook buys Instagram for about $1 Billion”

  1. I’m on the fence about the purchase. Not sure if it’s going to take Instagram in a new direction or just wrap them into the larger Facebook picture. Aslo, I’m wondering if they’re going to leave the API open so sites like http://instagram.me can still function.

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