Instagram Co-Founders Kevin Systrom and Mike Kreiger made a lot of cheddar today. Earlier this morning the New York Times announced in a report that Social Media giant Facebook bought Instagram for $1 billion. Not a bad payday for a ...
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Facebook just announced today that they have agreed to purchase the popular iPhone friendly, photo sharing application Instagram for $1 Billion. Holy Cow. That’s a lot of money. The deal is set to close at the end of this quarter…