In a blog post, Kevin Systrom, CEO of the photo sharing service Instagram, announced that his eight-person company will be acquired by Facebook. Facebook CEO Mark Zuckerberg chimed in on his own timeline, adding, “For years, we’ve focused on building the best experience for sharing photos with your friends and family. Now, we’ll be able to work even more closely with the Instagram team to also offer the best experiences for sharing beautiful mobile photos with people based on your interests.” Facebook says the transaction will be valued at $1 billion. We hope the owners of Instagram will share some of the windfall with their tiny, but effective, staff.follow link
How to Make an iPhone Screenshot
Want to take a screenshot of something on your iPhone or iPod touch? Press the Home button and Power button briefly at the same time, and an image of your screen will be saved to the Photos app (and will sync with iPhoto when you next connect). Don't hold the buttons too long or your device will either power down or reboot.
Facebook to Acquire Instagram for a Billion Dollars