Facebook Buys Instagram For 1 Billion Cash And Stock

most viewed right now
 136
NFL They Used A Piece Of Paper To Measure A First Down, Twitter Going Nuts
31 comments
@sports
most viewed right now
 88
Image(s) inside Israeli "lawyer" with a fatty :kobedatass:
42 comments
@thotsdimesetc
most viewed right now
 70
Terry Crews says “they” are watching him :iseeyou2:
68 comments
@wild'ish
most viewed right now
 65
Image(s) inside Peewee Longway chain supposedly snatched in Macon, Georgia
15 comments
@hiphop

section   (0 bx goons and 1 bystanders) Share this on Twitter   Share this on Facebook
 

Props Slaps
 6 years ago '06        #1
6508 pageviews
67 comments


Yung Dilla 1479 heat pts1479
space
avatar space
space
$54,917 | Props total: 25868 25868
Facebook Buys Instagram For 1 Billion Cash And Stock
 

 

[pic - click to view]




[pic - click to view]



Facebook just bought Instagram for $1 billion in cash and stock.

Instagram is a mobile-only photo-sharing app. It grew from 1 million users in January 2011 to 15 million in December 2011. It has 30 million users now.

What's great about it is that it is very fast – especially compared to Facebook.

With the Facebook iPhone app, there are 6 screens a user has to go through before a user can actually take a picture. With Instagram, there is one.

In February, we described Instagram as the biggest threat to Facebook.

Mark Zuckerberg just announced the news on Facebook:

I'm excited to share the news that we've agreed to acquire Instagram and that their talented team will be joining Facebook.

For years, we've focused on building the best experience for sharing photos with your friends and family. Now, we'll be able to work even more closely with the Instagram team to also offer the best experiences for sharing beautiful mobile photos with people based on your interests.

We believe these are different experiences that complement each other. But in order to do this well, we need to be mindful about keeping and building on Instagram's strengths and features rather than just trying to integrate everything into Facebook.

That's why we're committed to building and growing Instagram independently. Millions of people around the world love the Instagram app and the brand a.ssociated with it, and our goal is to help spread this app and brand to even more people.

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.

These and many other features are important parts of the Instagram experience and we understand that. We will try to learn from Instagram's experience to build similar features into our other products. At the same time, we will try to help Instagram continue to grow by using Facebook's strong engineering team and infrastructure.

This is an important milestone for Facebook because it's the first time we've ever acquired a product and company with so many users. We don't plan on doing many more of these, if any at all. But providing the best photo sharing experience is one reason why so many people love Facebook and we knew it would be worth bringing these two companies together.

We're looking forward to working with the Instagram team and to all of the great new experiences we're going to be able to build together.

Read more:
[pic - click to view]

 Facebook Buys Instagram For $1 Billion - Business Insider

67 comments for "Facebook Buys Instagram For 1 Billion Cash And Stock"

 6 years ago '10        #2
Fly Elroy 321 heat pts321
space
avatar space
space
$19,394 | Props total: 474 474

[pic - click to view]



Facebook just bought Instagram for $1 billion in cash and stock.

Instagram is a mobile-only photo-sharing app. It grew from 1 million users in January 2011 to 15 million in December 2011. It has 30 million users now.

What's great about it is that it is very fast – especially compared to Facebook.

With the Facebook iPhone app, there are 6 screens a user has to go through before a user can actually take a picture. With Instagram, there is one.

Mark Zuckerberg just announced the news on Facebook:

I'm excited to share the news that we've agreed to acquire Instagram and that their talented team will be joining Facebook.

For years, we've focused on building the best experience for sharing photos with your friends and family. Now, we'll be able to work even more closely with the Instagram team to also offer the best experiences for sharing beautiful mobile photos with people based on your interests.

We believe these are different experiences that complement each other. But in order to do this well, we need to be mindful about keeping and building on Instagram's strengths and features rather than just trying to integrate everything into Facebook.

That's why we're committed to building and growing Instagram independently. Millions of people around the world love the Instagram app and the brand a.ssociated with it, and our goal is to help spread this app and brand to even more people.

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.

These and many other features are important parts of the Instagram experience and we understand that. We will try to learn from Instagram's experience to build similar features into our other products. At the same time, we will try to help Instagram continue to grow by using Facebook's strong engineering team and infrastructure.

This is an important milestone for Facebook because it's the first time we've ever acquired a product and company with so many users. We don't plan on doing many more of these, if any at all. But providing the best photo sharing experience is one reason why so many people love Facebook and we knew it would be worth bringing these two companies together.

We're looking forward to working with the Instagram team and to all of the great new experiences we're going to be able to build together.
 6 years ago '06        #3
servesurite 42 heat pts42
space
avatar space
space
$9,317 | Props total: 1085 1085
Wtf!!!!!
 6 years ago '05        #4
P-Hill|M 26 heat pts26
space
avatar space
space
$37,098 | Props total: 10795 10795
*disables account*
 6 years ago '06        #5
Jhnnyblz427 175 heat pts175
space
avatar space
space
$35,337 | Props total: 18303 18303
 6 years ago '10        #6
Hovi Bryant 676 heat pts676
space
avatar space
space
$30,735 | Props total: 19636 19636
Funny, I just signed up for Instagram the other day.
 6 years ago '05        #7
TheChief 23 heat pts23
space
avatar space
space
$6,191 | Props total: 9389 9389
Damn, Instagram won.
 6 years ago '06        #8
Special Edd 167 heat pts167
space
avatar space
space
$26,617 | Props total: 8925 8925
what what wait whattttttttt
 04-09-2012, 12:50 PM         #9
LakeHawks 
space
space
space
$n/a | Props total:  
Feds bout to be on it

Wonder if this allows FB to store everybody info and pics who merges their FACEBOOK with instagram
 04-09-2012, 12:58 PM         #10
breakingbad 
space
space
space
$n/a | Props total:  
remember google bought youtube for 1.65 billion but


youtube actually made money lol
 04-09-2012, 01:18 PM         #11
J-R 
space
space
space
$n/a | Props total:  
i just deleted facebook..man i swear if they turn this into some bullsh*t i will have no use for social networks


Last edited by J-R; 04-09-2012 at 01:26 PM..
 6 years ago '05        #12
TheChief 23 heat pts23
space
avatar space
space
$6,191 | Props total: 9389 9389
 J-R said:
i just deleted facebook
you can't delete it, you can "disable" it.


Post some p0rn, then they'll delete your sh*t.
 6 years ago '04        #13
Venom 29 heat pts29
space
avatar space
space
$14,130 | Props total: 784 784
if iphone users was pissed about android getting instagram, wonder how would they feel when the whole world starts using it, just need a fb account
 6 years ago '04        #14
deadwrong03 89 heat pts89
space
space
space
$4,544 | Props total: 535 535
face book gonna buy twitter next
 6 years ago '04        #15
fat_boyy21 323 heat pts323
space
avatar space
space
$9,573 | Props total: 2716 2716
this sucks... i was already upset that instagram didnt follow the guidelines and make their app look like an 'android' app.. now it's never going to happen cuz facebook sucks at making apps. it took them 2 years to make the facebook app decent.
 6 years ago '07        #16
Rob De Niro 120 heat pts120
space
avatar space
space
$13,488 | Props total: 668 668
 TheChief said:
you can't delete it, you can "disable" it.


Post some p0rn, then they'll delete your sh*t.
you can delete your facebook


[video - click to view]

 6 years ago '07        #17
Rob De Niro 120 heat pts120
space
avatar space
space
$13,488 | Props total: 668 668
in other news, fu*k facebook

instagram officially sucks now
 6 years ago '04        #18
fat_boyy21 323 heat pts323
space
avatar space
space
$9,573 | Props total: 2716 2716
 Rob De Niro said:
you can delete your facebook

i 'deleted' my account before then reenabled it months later. they really do keep your account even though they say it's deleted


Last edited by fat_boyy21; 04-09-2012 at 04:13 PM..
 6 years ago '07        #19
Rob De Niro 120 heat pts120
space
avatar space
space
$13,488 | Props total: 668 668
yeah a story came out of a girl deleting her facebook but people were still being able to see her pics. she found out and is now suing facebook for not deleting all data when asked to do so.

the government uses facebook to keep up with us so i wouldnt doubt it.

joining facebook is like smoking, you know its bad for you but you still do it
 6 years ago '11        #20
bkamagnum 
space
avatar space
space
$1,070 | Props total: 264 264
i wish they would buy twitter monopoly
Home      
  
 

 






most viewed right now
 45
Steph Kegels
129 comments
1 day ago
@thotsdimesetc
most viewed right now
 35
Image(s) inside Bx, can she be saved? Or is she Too Far Gone?
104 comments
1 day ago
@thotsdimesetc
most viewed right now
 23
Kevin Hart X-mad card
87 comments
1 day ago
@movies
most viewed right now
 17
Image(s) inside Is it just me or did Kanye West dress poorly during the College Dropou..
60 comments
1 day ago
@gear
most viewed right now
 14
Image(s) inside Joe Budden coming out of retirement in 2018 over amigos beef? “Enough ..
103 comments
1 day ago
@hiphop
most viewed right now
 12
When Popeyes runs out of chicken
91 comments
1 day ago
@wild'ish
most viewed right now
 10
Image(s) inside Dec 16 - Virginia woman killed by her pit bulls in ‘grisly mauling’
181 comments
1 day ago
@news
most viewed right now
 9
Video inside US DEPARMENT OF DEFENSE RELEASES NAVY JET ENCOUNTER WITH UFO VIDEO :mjd..
71 comments
22 hours ago
@wild'ish
back to top
register contact Follow BX @ Twitter Follow BX @ Facebook search BX privacy