The big news going around the web today is the ginormous sale of Instagram to Facebook. Believe it or not, Mark Zuckerberg & co. paid ONE BILLION DOLLARS for the photo app. Zuckerberg posted the following statement on his Facebook page: "For years, we’ve focused on building the best experiencefor sharing photos with your friends and family. Now, we’ll be able to workeven more closely with the Instagram team to also offer the best experiencesfor sharing beautiful mobile photos with people based on your interests."
Of course, this major news hasn't been ignored by the Twittersphere! Find out what celebs such as Kim Kardashian, Elizabeth Banks, and Perez Hilton are saying about the Instagram/Facebook union below and don't forget to check out our photo gallery of these celebs' own instagram photos!
Kim Kardashian -- @KimKardashian Wow Instagram sold for a billiondollars!!! Congrats!
Paul Scheer -- @paulscheer Facebook snatched up Instagram but notto be outdone LinkedIn in bought 3 items off the Wendys Value menu.
Joel Madden -- @JoelMadden Goodbye instagram
Funny or Die -- @Funnyordie "Using Instagram for free isn't cool. You know what's cool? Paying a billion dollars for it." -- Mark Zuckerberg
What do you think? Did Facebook pay too much for Instagram?
Photos courtesy of Instagram / Twitter