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

  1. Very smart. A core anchor of Facebook is photo sharing so extending that beachhead beyond the Facebook walled garden is super smart, IMHO.

  2. 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.

  3. Astonishing, if anyone has any lingering doubts about where the future lies, this mobile deal should put them to rest.

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