Instagram bought by Facebook

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I don't know what the general opinion of Instagram is from a photographers point of view but though this might be interesting never the less.

Reports suggest $1 billion.

Source

I haven't used it myself as it's pretty much just appeared on Android but there certainly seems to be many people using it among social media.

 

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From the other article's I've read on it so far they are keeping it as a separate company entirley so parhaps nothing will change at all.