“Facebook, a million dollars isn’t cool. You know what’s cool? A BILLION dollars! Love, Instagram.”

If you are a fan of the picture sharing service Instagram, today’s news may either be fantastic or terrible.  I don’t personally use the service, so I’ll let you be the judge of that.

 

The gist of the story:  today Facebook bought Instagram for a cool $1 BILLION dollars.

 

Facebook CEO Mark Zuckerberg promised that Instagram would remain an independent company, just under the Facebook banner.  You can read Instagram‘s blog post about it here.

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