Enter the characters you see below Sorry, we just need to make sure you’re not a robot. Menu IconA vertical stack of three evenly spaced horizontal lines. 1 billion in 2012, is moving into its own three-story building just a stone’s throw away from Facebook’s main headquarters in Menlo Park, California. Instagram partnered with design firm Gensler to create a new space that “feels like a how To Make Money From Instagram Photos version of the app,” according to a spokeswoman. Around 350 employees have access to an in-house Blue Bottle coffee shop, fully stocked micro-kitchens on each floor, and a library that looks like the perfect backdrop for an Instagram photo.
The Instagram team previously occupied one floor of Facebook’s old headquarters on Hacker Way. The Instagram lobby features big screens with a curated rotation of photos and videos that are shared on the app. Instagram worked with a Hollywood set designer to make a colorful “creation space” for taking photos. Shots of photos shared on Instagram line the walls throughout the entire building. An in-house Blue Bottle coffee shop lets employees buy espresso, lattes, coffee pastries, and waffles. There’s a photo wall with Instax cameras in the Blue Bottle area, which employees and visitors can use to document their visits. Big windows in the building’s office spaces make let plenty of light in. Each floor has its own fully stocked micro-kitchen with drinks and snacks.
The kitchens were designed to be comfortable to hang out in. The entire building has a clean, minimal aesthetic. The library is intended to be a quiet place for people to relax and get work done. Employees can lounge on couches and cubby-holes. Each conference room is named after a different theme.
This one is named after a darkroom, which photographers use to process analog photos. Conference rooms are equipped with video cameras for remote meetings. Facebook’s chief executive, Mark Zuckerberg, said he planned to build Instragram independently from the social network. That will allow Instagram users to post on other social networks, follow users not on Facebook and to opt out of sharing on Facebook. Kevin Systrom, chief executive of Instagram. Facebook is not waiting for its initial public offering to make its first big purchase. 1 billion in cash and stock, the company said Monday. On Monday, both companies expressed their commitment to run Instagram as an independent service.
Mark Zuckerberg, the chief executive of Facebook, which is expected to go public next month. In a post on his profile page, Facebook’s chief Mark Zuckerberg said Instagram would continue to work with rival social networks. That will allow users to post on other services, follow users outside of Facebook, and to opt out of sharing on Facebook. 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. In a separate blog post on Instagram’s Web site, the company’s chief executive, Kevin Systrom, also reiterated plans to preserve the service’s functionality and said he looked forward to leveraging the new parent company’s resources and talent. The announcement comes as Facebook prepares for its highly anticipated initial public offering, widely expected to take place next month.
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Though Facebook is known for smaller acquisitions, Instagram’s surging momentum likely compelled the social network to swiftly put together a billion-dollar offer. 500 million, according to one person with knowledge of the matter, who requested anonymity because discussions were private. Facebook’s purchase, one week later, means that investment has now doubled in value. The deal is expected to close later this quarter, according to Facebook’s statement. Facebook announced today that it has reached an agreement to acquire Instagram, a fun, popular photo-sharing app for mobile devices.
1 billion in a combination of cash and shares of Facebook. The transaction, which is subject to customary closing conditions, is expected to close later this quarter. I’m excited to share the news that we’ve agreed to acquire Instagram and that their talented team will be joining Facebook. For years, we’ve focused on building the best experience for sharing photos with your friends and family. We believe these are different experiences that complement each other. But in order to do this well, we need to be mindful about keeping and building on Instagram’s strengths and features rather than just trying to integrate everything into Facebook.
That’s why we’re committed to building and growing Instagram independently. Millions of people around the world love the Instagram app and the brand associated with it, and our goal is to help spread this app and brand to even more people. We think the fact that Instagram is connected to other services beyond Facebook is an important part of the experience. We plan on keeping features like the ability to post to other social networks, the ability to not share your Instagrams on Facebook if you want, and the ability to have followers and follow people separately from your friends on Facebook. These and many other features are important parts of the Instagram experience and we understand that. We will try to learn from Instagram’s experience to build similar features into our other products.
At the same time, we will try to help Instagram continue to grow by using Facebook’s strong engineering team and infrastructure. This is an important milestone for Facebook because it’s the first time we’ve ever acquired a product and company with so many users. We don’t plan on doing many more of these, if any at all. But providing the best photo sharing experience is one reason why so many people love Facebook and we knew it would be worth bringing these two companies together. We’re looking forward to working with the Instagram team and to all of the great new experiences we’re going to be able to build together. Amazon Echo or Google Home: Which smart speaker is right for you?