Facebook Buys Photo Sharing Network Instagram For $1bn
― Instagram currently has over 30 million users and a potentially huge crowd is coming it's way in next few months, thanks to its recent expansion onto the Android platform. Instagram CEO Kevin Systrom says he thinks Instagram should easily reach 100 million users over next year. Facebook's been on a buying spree of late, and has been beefing up its own already-ubiquitous photo sharing service lately as well. .





