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Instagram buyout nets co-founders $500 million

Instagram buyout nets co-founders $500 million

The United States watched with unbridled curiosity as the three winners of the recent $600+ million Mega Millions jackpot were revealed. But here's a pair of guys who won the Mega Millions of the business world - Kevin Systrom and Mike Krieger. By now, the world knows about their creation, Instagram, and its billion-dollar acquisition from Facebook. The two will walk away with a combined $500 million.

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Facebook’s Instagram buy is a $1bn mobile landgrab

Facebook’s Instagram buy is a $1bn mobile landgrab

One billion dollars either gets you a huge amount or very little these days. Facebook has either bought itself 27m registered users, or a few retro-style filters in a slickly designed app for iPhone and Android. Of course, in reality they're one and the same thing: in acquiring Instagram, Facebook has opened the door to a new bubble of membership - albeit an expensive one, at around $37 a user - and added another string to its content sharing portfolio. It's also gained a further footprint on smart devices, arguably the most important aspect of the deal.

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Instagram for Android Review

Instagram for Android Review

Today the folks responsible for one of the most popular social photography apps in the world, Instagram, have brought that entertainment to Android - and here we're going to review it! What you'll find is that this app is extremely similar to the iOS version, it having the ability to snap photos, edit them in brief, and send them out to several social networks. This Android version is said to be superior to the iOS version in several ways by its developers - let's see if they're right!

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Instagram for Android released

Instagram for Android released

Instagram for Android has been released, bringing the wildly popular photo filter app to Google's platform after it swept iOS devices. A free download, Instagram for Android brings numerous custom filters and boarders to your smartphone photography, as well as making sharing with Facebook, Twitter, Tumblr and Foursquare far more straightforward.

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Hipstamatic partners with Instagram for photo sharing

Hipstamatic partners with Instagram for photo sharing

Instagram so far haven't allowed any third parties to tap into their service, but  that’s all set to change today. Right now if you want to post a picture to the Instagram photo sharing network, you have to use the official iPhone app, and there’s no way to import photos from Facebook or Google+, for example. Coming today, though, Instagram will announce that Hipstamatic photos will be able to take advantage of their API and push photos to their closed network.

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Google+ should’ve squashed Instagram for Android (but it hasn’t)

Google+ should’ve squashed Instagram for Android (but it hasn’t)

News that Instagram for Android is in private beta and will be launching imminently is great for filter-obsessed photographers, but it's another slap to the face for Google's Google+ team which could - if it had got its act together - have cut Instagram off before it had even arrived. The camera app already has over 27m users and Facebook-style levels of engagement in its iPhone version, according to Instagram's co-creators, with its sharing abilities and convenience both cited as key factors in that appeal. Thing is, Google+ was on the way to tick both those boxes, until Google's teams apparently got distracted.

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Instagram for Android coming “very soon”

Instagram for Android coming “very soon”

Photo-sharing app Instagram for Android, the version of the wildly popular iPhone app for devices running Google's smartphone platform, is currently in testing for imminent release, the company has confirmed. The long-anticipated Android version of the app comes as Instagram confirms it already has over 27m registered users, TechCrunch reports, with "Facebook-level engagement" said to be the usage pattern. Still, according to co-founder Kevin Systrom, iPhone Instagram users may find themselves jealous of the version their Android cousins get to play with.

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