Facebook's Real Mobile Question, Post-Instagram: Can It Challenge Apple And Google?

Facebook made a smart move today, acquiring red-hot mobile photo-sharing service Instagram for $1 billion. Not only does Facebook now own an important mobile property, but it also took its biggest threat – a thriving mobile-only social network – off the market. Brilliant.

Click here to continue reading >

NOW WATCH: Tech Insider videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.