Facebook buys Instagram for a Billion Dollars

Facebook on April 14^th at 7:07 AM bought the mobile photo sharing network Instagram.  They paid over 1 billion dollars for this acquisition.  They bought Instagram because Instagram’s members ever day snap and share millions of photos every day.  Facebook along with the new money they will get from this new technology will also get more members.  This company will help Facebook a lot.

What do you think about the acquisition of Instagram?

Is Instagram worth a billion dollars?

Link to cite:

http://www.itworld.com/266630/why-facebook-bought-instagram-billion-dollars

Response to Tyler’s Blog: Response to blackberry on the way out

What do you think of blackberry’s downfall?  I knew that the blackberry was not going to last long when everyone started to get iPhones and Droids.  These phones along with internet access also have the cloud.  This program allows you to sink your phone with your iPod and your computer.  The blackberry only has the internet.  At its peak blackberry was hot due to the fact that it had internet access and a keyboard.  As time went on they had to charge more and more for their internet access and the new phones came with more apps and less monthly charges.

Do you think Droids will be the new technology to fall off?