Facebook acquires Instagram for $1 Billion

- April 9th, 2012

instagramBeetle

“One Billion Dollars,” is the kind of thing you’d hear from the lips of Dr. Evil from an Austin Powers movie.  But today for the folks over at Instagram, Facebook founder and CEO Mark Zuckerberg sounds more like the Easter Bunny than an evil-doer on this holiday Monday, as he announced that Facebook will be buying Instagram for the tune of approximately that same amount – $1 billion. And that’s a lot of eggs.

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