Monday, April 9, 2012

Facebook Buying Companies That are Becoming Big


Facebook just getting better and better. They have announced that they will buy Instagram for $1 Billion. Instagram is the twitter version for pictures and it is a mobile app that can make tons of money with the growing number of user. Facebook will pay with money and share that plan to IPO soon this will increase the amount of their shares for the IPO but will increase their income. What will they do with Instagram, there is the thought that they will but ads connect it with Facebook, and make a website so it not limited to mobile users. I think that they will grow this company before they even think of buying any other companies but it show that Facebook is willing to grow there company and expand to become an even bigger company.

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