http://techcrunch.com/2012/04/09/facebook-to-acquire-instagram-for-1-billion/
I must say at first when I heard this news yesterday on bloomberg west I was flabbergasted but upon doing further little research I see a good and possibly bubbly but viable synergy there. Heck at least they beat Google, Yahoo and msf to it.
Is it time to put down the cfa and learn msql and head to the valley while the fb effect and boom is still on. How many are with me on this one and willing to trade their b2 calc for a crash course on apps and bonobos khaki.