Facebook, the leader in social media with over 750 million users, has made its first major acquisition. In a 1 billion dollar move Facebook bought Instagram, a photo sharing mobile app company boasting over 25 million iPhone users and 5 million downloads within its first week of being on the android market. The sale is [...]

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It appears that billionaire Mark Zuckerberg has made another giant leap in controlling the Internet social media. His quite recent acquisition of Instagram is a shining expensive accompaniment to his vastly popular Facebook. The originator and manager of Facebook, Mark Zuckerberger, has bought Instagram for one billion dollars in stock and cash. The deal was [...]

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