Feeling a bit behind with the times. I was just doing a little research to see what’s new on and in relation to Instagram, and just now noticed that Instagram is not self-owned anymore. In fact they haven’t been since Monday, April 9th 2012. Facebook purchased Instagram for $1 billion dollars! But with the number of Instagram users increasing exponentially, it’s not surprising that Facebook would jump at this opportunity. And who knows, maybe Facebook saw Instagram as a potential threat as well, and by purchasing it they eliminated any possible competition.