Yay! Even more of our (willingly provided) personal data for sale come IPO time!

Facebook is dead. Its buying patents and customers with all that sweet cash-on-hand.

See also: AOLs deal with Microsoft:
http://www.reuters.com/article/2012/04/0…

I think that's about 950 million too much. That works out to $37 a user, most of whom are probably on Facebook anyway. I don't really get Instagram, and I get this even less.

Now even your mom can be a hipster.

I just started using instagram over the weekend and liked it. It's like Twitter for pictures but the simplicity of the app makes it very fun and more engaging than Twitter.

I don't have a FB account and will no longer be using it after this acquisition.

I don't get Instagram either, but then I'm not in the iPhone cult. Whatever, it's their money.

@5- Good call. Not that I think Facebook isn't entirely capable of making poor business decisions -Timeline, anyone?- but this somehow makes more sense from a further-enrich-Mark-Zuckerberg perspective.

Instagram is (and hopefully not was) really cool. Think of it this way...filter out all the crap from Facebook and make it way more fun. The barrier to posting on Instagram is higher in that you need a photo, so all the mindless twitter and passive aggressive whining is much harder to do in Instagram. I prefer Instagram over Facebook and given a time constraint will always choose to check Instagram over Facebook.
I'm sure that Facebook will find a way to fuck it up though...

Instagram? I've never heard of it.

Sometimes I think they do these ridiculous deals just to make any rational, talented or creative person want to give up, bang their head against the wall, cut off their ear and skydive off a bridge.

Keeps the competition at bay.

crappy layer effects on top of boring photographs are never, ever going to go away.

And don't forget square-cropping. I have no idea why it bugs me so much, but it does.

Everyone I know is on SpinnifyThis. You need to be in the alpha program, but it's where all the cool graphix geex hang.

@13 Thank good Will is here to tell us where the cool kids hang out. If more people had first heard of Facebook through WiS, MySpace might have survived.

Nah, the cool (and technically most advanced) one of these photo sharing is Tadaa.