Word of the Week: Instagram
Instagram: Instagram is a mobile app that allows you to apply filters to photos taken on a mobile device. Each photo taken can then be shared with both friends and strangers on various social media networks including Facebook, Twitter, and Tumblr. Instagram was just purchased this week for $1 billion by Facebook. You may remember that not too long ago, we featured One Billion as a previous Word of the Week; One Billion stood for the number of members that Facebook had just reached. Now that Facebook owns Instagram (which will retain its independence so it can still be utilized by other social media outlets), it renders endless possibilities for all social media users. For instance, Instagram currently displays no ads within the app, however this is sure to change with the Facebook acquisition and could potentially create a profitable field for advertising. Moreover, the acquisition will provide Instagram users with additional features such as the ability to edit previously stored photos with filters. Instagram will most likely be a trending social media topic in the coming months.