07 Sep '12, 12am

Smartphone app Instagram officially part of Facebook

Smartphone app Instagram officially part of Facebook

SAN FRANCISCO (AFP) - Instagram on Thursday became part of Facebook as the social network completed its billion-dollar acquisition of the smartphone photo-sharing service. "Very excited to announce that we're now officially joining the Facebook family," Instagram co-founder Kevin Systrom said in a Facebook post tagged as being made using a mobile phone in Japan. "I'm psyched for the next chapter of this long journey." United States (US) regulators in August closed an investigation into Facebook's deal to buy the startup behind photo-sharing smartphone application Instagram, taking no action. The Federal Trade Commission reserved the right to revisit the matter.

Full article: http://www.straitstimes.com/breaking-news/technology/stor...

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