Thursday, April 19, 2012

Why did Facebook buy Instagram?


By Om Malik

Mark Zuckerberg decided to go out and spend an awesome amount of cash on a company called Instagram. Instagram is a company that shares photos and other media among phones. It started small but it gained a huge number of users very quickly and it was valued at $100 million dollars about a year ago. While Mark may argue that he bought the company to "bring these two companies together," but it is obvious he bought it so Instagram has no chance of becoming more popular in the future. It is a brilliantly stupid plan, I would say. Read more in the link below.