Facebook is the largest social network in the world that has introduced a new mobile application for the users known as “INSTAGRAM”. This new application is for quick Photo sharing and has been bought for approximately $1 billion.

Facebook CEO Mark Zuckerberg said that Instagram application would work on iPhone and Android. The new application would offer the best experience for sharing beautiful mobile photos with people based on their interests. Instagram has attracted more than 30 million users from around the world, uploading about 5 million photos every day. With its filters and other features, Instagram makes photography even better than what it was earlier.

New Instragram will help Facebook get a hook in the mobile market. That is something good and innovative for the company.

However, Facebook has gathered something innovative from buying Instagram that could be even more valuable in the long run. Facebook provides the best photo sharing experience and that is one of the reasons why it is admired by many individuals around the globe.