— Mark Zuckerberg has sold his company, Instagram, to Facebook for $1 billion, according a report in The Wall St. Journal.
The news is the latest milestone in the company’s growth and success in a world where Instagram is seen as a social network that connects people in ways that Facebook cannot.
Zuckerberg is now the company president, but he has been in charge of Instagram since July 2013.
It was Facebook’s acquisition of Instagram in 2012 that catapulted the company into the public eye and gave it a foothold in a crowded space.
Instagram has been a magnet for the billions of users it has amassed over the years, but the company is not the only way to get social media attention.
The social network has expanded into more areas, including video and audio.
The Journal reports that Instagram has spent $2.3 billion on acquisitions, including the acquisition of the company Instagram, which was bought by Facebook for an undisclosed sum in 2016.
The company has also spent $1.8 billion on marketing.
In September, the company unveiled a new feature called the “Instagram for the Business” that will allow businesses to share videos and photos from Instagram.
Zuckerberg also is working on a new mobile app called Vine, which will enable people to take photos from any location on the globe.
Zuckerberg recently made a trip to China to see how the Chinese were using Instagram and the country’s burgeoning social media scene, The Wall’s Jason Cherkis reports.
Zuckerberg, who is an avid outdoorsman, has a large following of outdoor enthusiasts.
He has a lot of friends who travel to Africa, India and Southeast Asia, where he enjoys the outdoors and has built a network of friends and family to help him share his experiences.
Instagram is a company that can’t compete with Facebook, Cherkins reports.
“Mark Zuckerberg is the king of social media.
He owns it.
He controls it.
And he’s the CEO,” Cherkiss said.
“And Instagram is not going to be able to compete.”
The social media giant is looking for ways to grow its business in the future.
It will have to figure out ways to compete with Apple, Twitter and Facebook if it wants to succeed in the crowded social media space.
Facebook already has millions of Instagram followers and likes.