Linked by Thom Holwerda on Mon 9th Apr 2012 18:09 UTC
Internet & Networking I hate when I have to report on stuff I just don't care about. However, it's big news, because for some reason I'm not particularly privy to, this photosharing service is more popular than god. Yes, Facebook has acquired Instagram. Update: "At the end of the day, that's what Instagram filters are: a crutch, a misguided replacement for a properly composed shot and a decent sensor."
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RE: really?
by s-peter on Tue 10th Apr 2012 13:50 UTC in reply to "really?"
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They actually paid 1 Billion dollars for this?

Not really, (an undisclosed but presumably) large part of it was Facebook shares, valued at (an undisclosed but presumably) extremely inflated price.

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