【Post eight】Facebook buys Instagram

Facebook buys Instagram is the hottest topic in recent weeks. In today’s post we are going to know this incident. As it known to us all, facebook is the largest social media website. So we don't need to explain it. But we need to know, what is Instagram?  First of all, Ingtagram is an app for iphone and Android mobile phone. As the apps describe on the app store pick from one of several gorgeous filtered effects or tilt-shift blur to breathe a new life into your mobile photos.

Transform everyday moments into works of art you'll want to share with friends and family. Share your photos in a simple photo stream with friends to see - and follow your friends' photos with the click of a single button. Every day you open up Instagram, you'll see new photos from your closest friends, and creative people from around the world.  Instagram was only launched in October 2010 and the company is very small but the growing of the company is surprising. This app becomes the top app of 2011. The price of Insragram is $1 billion and the owner of facebook is will to pay $ 1 billion to buy this photo sharing network. We all believe that it's the important milestone for facebook.

 It’s believed that the user of Insragram is part of the reason why Instagram is worth a lot of money. Although the owner of facebook said this action is for the further development of facebook. But some said Instagram is developing so fast, facebook buys it because of fear.