Apr 16, 2012 — With Instagram sold to Facebook for $1 billion and Facebook itself expected to be valued at up to $100 billion in its initial public offering, some feel they're reliving the last tech bubble. But some analysts say this time is different. The new generation of tech entrepreneurs tends to reinvest its winnings in even more ideas.
Apr 13, 2012 — Days after it was acquired by Facebook for $1 billion, reports have emerged that Instagram now has more than 40 million users in its photo-sharing community. The gain, which was derived from the service's API, represents a 10 million spike in Instagram's users in the past 10 days, according to Venture Beat.
Apr 9, 2012 — Facebook's decision to acquire Instagram for $1 billion set off strong reactions among Instagram users Monday, when the deal was announced. And if any of the photo-sharing service's fans were in love with the deal, they seemed to be keeping pretty quiet about it.
Apr 9, 2012 — The social networking site is paying a reported $1 billion in stock and cash for the photo-sharing app.