Facebook has bought the photo-sharing application Instagram for a reported $1bn.

I'm excited to share the news that we've agreed to acquire Instagram and that their talented team will be joining Facebook.

For years, we've focused on building the best experience for sharing photos with your friends and family. 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.

We believe these are different experiences that complement each other. But in order to do this well, we need to be mindful about keeping and building on Instagram's strengths and features rather than just trying to integrate everything into Facebook.

That's why we're committed to building and growing Instagram independently. Millions of people around the world love the Instagram app and the brand associated with it, and our goal is to help spread this app and brand to even more people.

Kpac: Innovations is the way....
To the young Nigerians who have not been tribalized,brain washed by their religious leaders and who still has passion and believe in themselves,please bring on the innovations for the next decade....start now.
To Mark,you are doing well and you should not stop and yet invest in new things for continuity.I am so proud of you.
And to the majority of Nigerians on this website whose brain has no other contribution than reply to every unreliable,un-innovative,shallow posts...what do you have to say,at least Mark is not a yoruba,nor is he an Igbo Man,he is not from ACN,neither is he from PDP...I wonder what you guys would say...Mark is just so lucky he is not from Nigeria,his major critics,major enemies,major antagonist would have been from here and with news like this,they would have started raining him curses and say he is wasting 1 Billion Dollars on a useless thing when people from his village are dieing of hunger.
Mark....well done.

pmarine: Plans to buy, deal not sealed yet. anyways, can someone tell me why FB is investing so much in Instagram?

Kpac: Innovations is the way....
To the young Nigerians who have not been tribalized,brain washed by their religious leaders and who still has passion and believe in themselves,please bring on the innovations for the next decade....start now.
To Mark,you are doing well and you should not stop and yet invest in new things for continuity.I am so proud of you.
And to the majority of Nigerians on this website whose brain has no other contribution than reply to every unreliable,un-innovative,shallow posts...what do you have to say,at least Mark is not a yoruba,nor is he an Igbo Man,he is not from ACN,neither is he from PDP...I wonder what you guys would say...Mark is just so lucky he is not from Nigeria,his major critics,major enemies,major antagonist would have been from here and with news like this,they would have started raining him curses and say he is wasting 1 Billion Dollars on a useless thing when people from his village are dieing of hunger.
Mark....well done.

Kpac: Innovations is the way....
To the young Nigerians who have not been tribalized,brain washed by their religious leaders and who still has passion and believe in themselves,please bring on the innovations for the next decade....start now.
To Mark,you are doing well and you should not stop and yet invest in new things for continuity.I am so proud of you.
And to the majority of Nigerians on this website whose brain has no other contribution than reply to every unreliable,un-innovative,shallow posts...what do you have to say,at least Mark is not a yoruba,nor is he an Igbo Man,he is not from ACN,neither is[b] he from PDP[/b]...I wonder what you guys would say...Mark is just so lucky he is not from Nigeria,his major critics,major enemies,major antagonist would have been from here and with news like this,they would have started raining him curses and say he is wasting 1 Billion Dollars on a useless thing when people from his village are dieing of hunger.
Mark....well done.

Kpac: Innovations is the way....
To the young Nigerians who have not been tribalized,brain washed by their religious leaders and who still has passion and believe in themselves,please bring on the innovations for the next decade....start now.
To Mark,you are doing well and you should not stop and yet invest in new things for continuity.I am so proud of you.
And to the majority of Nigerians on this website whose brain has no other contribution than reply to every unreliable,un-innovative,shallow posts...what do you have to say,at least Mark is not a yoruba,nor is he an Igbo Man,he is not from ACN,neither is[b] he from PDP[/b]...I wonder what you guys would say...Mark is just so lucky he is not from Nigeria,his major critics,major enemies,major antagonist would have been from here and with news like this,they would have started raining him curses and say he is wasting 1 Billion Dollars on a useless thing when people from his village are dieing of hunger.
Mark....well done.