skohad

rise 'n grind

Anna- technology

on April 18, 2012

This month, Facebook bought the fastly growing picture application, Instagram for one billion dollars. Instagram is a application for editing and publishing pictures kind of like twitter. You can mention users and also use hashtags. It recieved Apple’s iPhone app of the year for 2011. Facebook CEO Mark Zuckerberg noted that Facebook will be “keeping and building on Instagram’s strengths and features rather than just trying to integrate everything into Facebook.” They will be bringing 13 employees over to Facebook to help Instagram with new image and photography solutions. Since 201o, this social media network has grown to over 30 million registered users. While Instagram doesn’t currently have an ad program, companies like Instagrid Network want to connect brands with Instagram users. By setting up programs that pay top Instagrammers to share photos of a brand’s products, inviting guest photographers to promote a certain hashtag, Instagrid is confident to grow a brand’s following and establish the brand among influencers.

http://touchreviews.net/facebook-buys-instagram-for-1-billion/

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