Facebook just announced on its blog that the company has purchased the popular photo sharing app Instagram for a cool $1 billion. The news comes shortly after Instagram just launched its popular Android app, which has seen great success.
But the real success of Instagram is over on iOS, where the app has exploded to be one of the top apps on the iTunes App Store. Before its release on Android, Instagram boasted over 30 million users and added 1 million the day Instagram launched on Android. Check out Facebook’s CEO Mark Zuckerburg’s announcement:
A few hours ago, an explosion rocked Foxconn’s Chengdu manufacturing facility, which is one of the main producers of iPad 2s within China…. and it’s looking increasingly likely that the explosion might have occurred on the iPad 2 production line.
Confirming our exclusive report last week that Apple Stores were scheduling meetings with all retail staff in late May, we’re now hearing reports that all Apple Stores in the United States will hold all-hands meetings for the morning of Sunday, May 22nd. And given the preparations and secrecy, something big seems like it’s about to shakedown in celebration of Apple’s ten year retail anniversary.