Thursday, April 19, 2012

Why Did Facebook Buy Instagram for $1 Billion??

http://www.newspapergrl.com/why-is-facebook-buying-instagram-for-1-billion
Online PR

     Though instagram has never made a cent facebook insisted on buying the app that many people in the world use. Not only did they buy the app but they spent a wopping $1billion dollars on the app itself. Why would facebook want to spend so much money on this app? I think because many people post pictures to facebook and since instagram is like a mini photoshop all people can alter their photos the way they want in any type of color or graphic.Another reason can be for small businesses, with instagram small businesses can debut their new advertisements through  instagram quicker and better then before. Therefor facebook is more then likely trying to reach out more to small companies then to anyone else. Though many people do not like that facebook has bought this app its happened and I don't think facebook is going to change it.