Facebook Buys Instagram For $1 Billion

[motorazr]

This should be interesting. If they truly keep it as its own project but better integrated, I could see plenty of advantages at some point (being that half the photos I see posted by people on Facebook come from Instigram anyway....)... On the other hand, I fear they eventually just eat the program or slowly morph it into something that freezes and crashes frequently, not unlike the Facebook app out there . . .

 

[KingJosh]

every day is a new betrayal. I just got rif of Sparrow for constantly hounding me about FB and now this!?

 

[Munkypoo7]

Never saw the huge draw about Instagram... but clearly it's worth $1 Billion

 

[dagamer34]

Awesome. All desire to use Instagram (which was very little to begin with) has now gone away.

 

[atomwork]

Okay, whatever. I don't even use Instagram.

But a BILLION dollars? How in the hell can it be worth that much???

You can do pretty much the same thing with Twitter!

Because they don't care.. Just want a hip audience and don't do R&D. Next month people will make Facebook worth over 100 billion dollars when IPO is due. FB only sells 5% shares in May. Crazy times...

 

[slnko-v-sieti]

I wonder if they will force you to log in using a Facebook account or force a merge of Facebook and legacy user accounts? Regardless, I refuse to prostitute my social circle / data to Facebook and have deleted it. I only used Instagram for filters, not sharing. Although I think the whole "vintage photo filter" thing is a bit silly, they are useful for photos whose colors have been screwed up by the camera sensor or HDR.

Any recommendations for a replacement app?

Pix: Pixel mixer and (personal fave) Pixlr-o-matic.

 

[Aiwaz418]

Awesome. All desire to use Instagram (which was very little to begin with) has now gone away.

Agreed with you and all the others who have expressed such a sentiment.

Facebook is not something I ever want to deal with in any manner whatsoever.

 

[Mac21ND]

If they bought Angry Birds (Rovio), I'd be more impressed.

 

[hushypushy]

goodness gracious...I guess I SEVERELY underestimated what crappy, generic photo filters can do for a social network. Maybe it's time for me to stop editing my cell phone pics with Photoshop??

 

[igazza]

This sucks. facebook will destroy it by putting ads

 

[miknos]

 

[daneoni]

Cha-freaking-ching!

 

[MihaiPantiru]

Any recommendations for a replacement app?

uSketch

 

[daverso]

After the facebook IPO, i wouldn't be surprised if headlines like this become more prevalent. Hide your startups, people!!

 

[Surreal]

Awesome Coming to America GIF

More upvotes! I need more upvotes!

 

[igazza]

But a BILLION dollars? How in the hell can it be worth that much???

Its not worth a billion. facebook just see it as competition

 

[irDigital0l]

wow...that came from nowhere

 

[Fargard]

1 billion... they could have fixed this thing they call "facebook app" (which behaves more like crap) with way less than that

 

[zbarsky]

Comparable to when Yahoo bought and eventually ruined Flickr, but this time with a double dose of privacy invasion to boot....

 

[daneoni]

So all i needed to do to make a billion dollars was to develop an app then makes pictures look old and dirty, and set up a couple of servers that host them.

*sigh* eff my life.

 

[HishamAkhtar]

Read the entire article, it explains that they will remain completely separate.

For now. No one spends a billion dollars just to keep the app separate forever

 

[iZac]

*dislike*

 

[boomish]

A billion dollars for an app!! wow imagine just paying someone that much to write the app! Obviously paying for the name and all it's current users, I wonder who the guy was that wrote that simple camera app, he must be laughing his head off..Funny I have never used it now it looks like I new will!

 

[damir00]

Read the entire article, it explains that they will remain completely separate.

That never happens in acquisitions.

Never.

 

[TheSuperSteve]

Agreed with you and all the others who have expressed such a sentiment.

Facebook is not something I ever want to deal with in any manner whatsoever.

Agreed.

I never really liked Instagram. I don't understand why people think applying some ghastly filter to their photos turns them into photographers. God forbid anyone actually does a little research into actual photography techniques. Even simple ones such as the rule of thirds is doable on iPhones with the grid on the camera app.

Reminds me of people who buy really expensive professional DSLR cameras to just take some family vacation photos that end up not looking any better than a snapshot using an iPod touch.

Either way, Facebook buying Instagram doesn't affect me as I don't use either service.