Arab Today, arab today facebook buys instagram photo app for 1 bn
Last Updated : GMT 18:35:55
Arab Today, arab today
Arab Today, arab today

Facebook buys Instagram photo app for $1 bn

Arab Today, arab today

Arab Today, arab today Facebook buys Instagram photo app for $1 bn

San Francisco - AFP

Facebook announced Monday that it made a billion-dollar-deal to buy the startup behind wildly popular smartphone photo sharing application Instagram. \"For years, we\'ve focused on building the best experience for sharing photos with your friends and family,\" Facebook co-founder Mark Zuckerberg said in announcing the deal. \"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.\" Zuckerberg called the acquisition \"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.\" An Instagram application tuned to Apple\'s iPhones, iPads, and iPod touch devices has been downloaded more than 27 million times since the first version was released in late 2010 by the San Francisco startup. Instagram co-founder Kevin Systrom released the figure while providing a glimpse last month at a version of the application tailored for smartphones power by Google-backed Android software. The free mini-program lets people give classic looks to square photos using \"filters\" and then share them at Twitter, Facebook or other social networks. Apple crowned Instagram its app-of-the-year for 2011. \"We\'re psyched to be joining Facebook,\" Systrom said in a blog post Monday at the Instagram website. \"It\'s important to be clear that Instagram is not going away,\" he continued. \"We\'ll be working with Facebook to evolve Instagram and build the network.\" Instagram\'s roster of backers includes Twitter co-founder Jack Dorsey. Facebook in February filed for a stock offering and could raise as much as $10 billion in the largest flotation ever by an Internet company on Wall Street. Facebook -- the leading social network in all but six countries, notably China and Russia -- said it has more than 845 million users, including 483 million who log in daily. Facebook\'s value has been estimated at between $75 billion and $100 billion.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today facebook buys instagram photo app for 1 bn Arab Today, arab today facebook buys instagram photo app for 1 bn

 



Arab Today, arab today
Arab Today, arab today Laptop ban sparks ire

GMT 09:02 2017 Thursday ,23 March

Laptop ban sparks ire
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today Dozens dead in US-led Syria strikes

GMT 08:35 2017 Thursday ,23 March

Dozens dead in US-led Syria strikes
Arab Today, arab today AT&T, Verizon join Google ad boycott

GMT 10:30 2017 Thursday ,23 March

AT&T, Verizon join Google ad boycott
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemeni official warns education is under threat

GMT 12:03 2017 Tuesday ,14 March

Yemeni official warns education is under threat
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Donia Abdel Aziz participates in "Game of Silence"

GMT 07:12 2017 Tuesday ,21 March

Donia Abdel Aziz participates in "Game of Silence"
Arab Today, arab today Mexico threatens to ditch US corn imports

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 07:39 2017 Monday ,20 March

Dalia Mustafa believes in the presence of ghosts

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection

GMT 16:41 2017 Monday ,20 March

Preserving the memory of glaciers

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 13:11 2017 Tuesday ,21 March

Web-based counseling lowers blood pressure

GMT 10:18 2017 Tuesday ,21 March

Kuwait's tourism industry to be worth

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 22:39 2017 Thursday ,09 March

Zuhair Murad presents his new collection "Resorts"
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday