Is Instagram Owned By Facebook

In case you have been under a rock for the previous Two Days, I'm here to offer you with some insane news. Social network giant Facebook simply purchased the hugely popular photo-sharing app Instagram for $1 Billion in a mix of money and stock. Facebook CEO Mark Zuckerberg revealed it on his Facebook Timeline Monday. In the post he states:

Is Instagram Owned By Facebook

Is Instagram Owned By Facebook

I'm delighted to share the news that we have consented to obtain Instagram which their talented group will be signing up with Facebook.

For several years, we have concentrated on constructing the very best experience for sharing pictures with your loved ones. Now, we'll have the ability to work a lot more carefully with the Instagram group to likewise use the very best experiences for sharing gorgeous mobile images with individuals based on your interests.

Our company believes these are various skills that match each other. However, to do this well, we have to be conscious about keeping and constructing on Instagram's strengths and functions instead of only aiming to incorporate whatever into Facebook.

That's why we're dedicated to structure and growing Instagram individually. Countless individuals all over the world like the Instagram app and the brand name connected with it and our objective are to assist spread this app and brand name to a lot more individuals.
Learn More Here: How To Connect Instagram To Facebook Page
We believe that Instagram is linked to other services beyond Facebook is a vital part of the experience. We intend on keeping functions like the capability to publish to other social media networks, the ability to not share your Instagrams on Facebook if you desire, and capacity to have fans and follow individuals independently from your pals on Facebook.

These and lots of other functions are essential parts of the Instagram experience, and we comprehend that. We will attempt to gain from Instagram's expertise to construct comparable functions into our other items. At the very same time, we will aim to assist Instagram to continue to grow using Facebook's strong engineering group and facilities.

This is a crucial turning point for Facebook because it's the very first time we have ever gotten an item and business with a lot of users. We do not intend on doing much more of these if any at all. However offering the very best picture sharing experience is one reason that a lot of individuals like Facebook and we understood it would deserve bringing this to business together.

We're eagerly anticipating dealing with the Instagram group, and to all the excellent brand-new experiences we're going to have the ability to construct together.

Instagram introduced its iOS app in October 2010 and pertained to Android for the very first time recently. Congratulations to everyone at that fantastic business.