Facebook Purchases Instagram, but why?
Facebook is one of the most used websites in the entire world at the moment, with 850 million active monthly users so it might come as a surprise to you that they’ve recently just bought Instagram for a massive $1bn (or just over £600m to us!) although it wasn’t all in cash, most of it the $1bn was made up of shares in the stock exchange. It’s still hard to imagine that amount of money though isn’t it? Over that last couple of days there has been a lot of ...






