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... CLICK TO READ MORE
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