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Facebook buying photo-share app Instagram for $1B

Facebook Acquires Instagram

Facebook is spending $1 billion to buy the photo-sharing company Instagram in the social network's largest acquisition ever.

 

Instagram hits 27 million users

Instagram, the iPhone photo-sharing app that turns almost anyone into an artful photographer, is growing at an astonishing rate.

 

Bits: Instagram Quickly Passes 1 Million Users

Instagram, a photo-sharing social network, announced Tuesday that it had passed 1 million registered users in just two months.

 

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