By now, you’ve probably all heard about Facebook’s $1 billion purchase of the popular photo sharing app Instagram. The mobile app, at only 18 months old, has over 30 million registered users and has, since the Facebook purchase, been ranked the Top Free App in the iTunes App Store. The app also garnered 5 million downloads on Android devices when it debuted less than one month ago. Recently, investors valued the company’s worth at $500 million… so, the question going through everyone’s mind naturally was what made Zuckerberg so inclined to throw in an extra $500 million?

Last semester in my New Media Technologies class, my professor predicted that Facebook’s newest venture would be to take over the photo sharing market. He showed us a prototype of the then-only-speculated Timeline and cover photos, and some snapshots of what photo viewing would look like with full screen options. One…

View original post 314 more words


join the discussion of this post

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s