US$1 Billion company within 2 years

NEW YORK, NY - APRIL 09:  In this photo illust...

Most famous social network website 'facebook' announce to buy smart fone picture transfer application service 'instagram' in US$1 billion. Facebook announce to pay the payment in cash.
Instagram was publicise in October 2010.earlier this app was made for iPhone but from previous weeks
,this app has also been launch for android phones.
Facbook founder Mark Zuckerberg decide to make this instagram service as seprate brand to compete with other competitors.
According to Zuckerberg "This is an important initiative for facebook,because we have bought first time that kind of application ,who had already alot of users".
Instagram is a free application,which provide 17 filters to use on pictures.Instagram is one of the most famous service used by users,and according to instagram there daily users are 30 million ,who are uploading more than 50 lac pictures daily.

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