Facebook's instant Instagram gratification

Facebook's $1bn purchase of Instragram has satisfied the social network’s desires to capitalise on the photo sharing trend.

Facebook's $1 billion purchase of Instagram is an acknowledgement that Facebook is basically a photo sharing business. If only Kodak had realised photo sharing was the future of photography, it might have bought, or at the very least partnered with Facebook, and wouldn't now be faced with a future that consists of little more than flogging off
its patent portfolio

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