Days after Instagram released its Android app, Facebook has already announced that it has agreed to buy the mobile photo-sharing service for a cool $1 billion in cash and stocks (apparently, the biggest acquisition Facebook has ever made). The announcement was posted on the Instagram blog a couple of hours ago as well as the Facebook Timeline of Mark Zuckerberg. Instagram still does not make any money off of the app but could still enjoy that same status much longer now that it's under Facebook's helm. Meta has start rolling out a subscription for users to not receive ads on Facebook and Instagram. At launch, translations only work between English and Spanish, though Meta says more languages will be added in the future. For now, the tool is available to Facebook creators with at least 1,000 followers, while anyone with a public Instagram account can try it out. Read more in our articles including "Facebook buys Instagram for $1 Billion" and "Facebook and Instagram offering paid subscription for no ads".
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Apr 10, 2026Days after Instagram released its Android app, Facebook has already announced that it has agreed to buy the mobile photo-sharing service for a cool $1 billion in cash and stocks (apparently, the biggest acquisition Facebook has ever made). The announcement was posted on the Instagram blog a couple of hours ago as well as the Facebook Timeline of Mark Zuckerberg.
Instagram still does not make any money off of the app but could still enjoy that same status much longer now that it's under Facebook's helm. Meta has start rolling out a subscription for users to not receive ads on Facebook and Instagram. At launch, translations only work between English and Spanish, though Meta says more languages will be added in the future. For now, the tool is available to Facebook creators with at least 1,000 followers, while anyone with a public Instagram account can try it out.
Our coverage of facebook acquires instagram includes: "Facebook buys Instagram for $1 Billion"; "Facebook and Instagram offering paid subscription for no ads"; "Meta rolls out AI translation for Facebook, Instagram Reels". Each article provides unique insights and information.