In recent technology news, it appears that Facebook is slowly taking over the world. The question is, is that a good or bad thing?
By Katie Kalmes
Earlier this morning, Facebook announced they were buying Instagram, a popular mobile photo-sharing service, for $1 billion. Both Instagram and Facebook posted press releases on their respective sites commenting on the merger.
Instagram CEO, Kevin Systrom, stated on their site that he and co-founder Mike Krieger, “…couldn’t be happier to announce that Instagram has agreed to be acquired by Facebook.”
According to their press release it appears that the Instagram founders are excited and positive about the future of Instagram: “…with the support and cross-pollination of ideas and talent at a place like Facebook, we hope to create an even more exciting future for Instagram and Facebook alike.”
They promise that Instagram will remain (for the most part) how it is today but with the help of Facebook will “continue to add new features” and “find new ways to create a better mobile photos experience.”
According to Bill Chappell in his article entitled “Like the Instagram-Facebook Deal? Depends on Your Filter,” the consumer reaction to the new merger has been mixed.
Although Mark Zuckerberg’s post on his Facebook profile announcing the merger, received about 111,000 likes (at the time of this post) many users are unhappy with the merger.
I noticed on my own Twitter feed, many of my friends worried about the changes Facebook could make to Instagram:
Do you think this merger will be good or bad for the photo-sharing app?
Links you might be interested in:
A look at the gender issues related to the merger – huffingtonpost.com