Facebook's Purchase Of Instagram Nears

Facebook received approval from US authorities to take over the photo-sharing application Instagram in a bit of good news for the social-networking company, which has seen its stock lose half its value since its market debut.

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To Be The Next Instagram

By now, most of you have heard about the acquistion of Instagram (Instant Telegram) by Facebook for US$ 1 billion.  Mark Zuckerberg, CEO of Facebook said the acquisition is another milestone for the company and providing the best photo-sharing experience is one reason why so many people love Facebook, and he knew it would be worth bringing Instagram and Facebook together.

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