Adding yet another positive note to Instagram’s biggest week ever — Facebook on Monday announced that it will acquire Instagram for $1 billion — the company’s new Android application has been downloaded more than 5 million times after less than one week of availability. Instagram launched for Android-powered devices on April 3rd, and it took less than one day for the highly anticipated app to reach the one million download mark. As of Monday, April 9th, the application had been downloaded from the Google Play marketplace more than 5 million times, The Next Web reported. Instagram allows users to capture photos or import them from a smartphone’s camera roll, and then apply retro effects before sharing them with their contacts. Facebook expects its acquisition of Instagram to close later this year.

Read

Zach Epstein has worked in and around ICT for more than 15 years, first in marketing and business development with two private telcos, then as a writer and editor covering business news, consumer electronics and telecommunications. Zach’s work has been quoted by countless top news publications in the US and around the world. He was also recently named one of the world's top-10 “power mobile influencers” by Forbes, as well as one of Inc. Magazine's top-30 Internet of Things experts.