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Monday, Oct 21, 2013, 8:10 pm

Instagram was founded by Kevin Systrom and Mike Krieger. It officially launched in October 2010 and has been building momentum ever since. Instagram is a social networking site that allows users to share photos and videos across various other platforms. Users can tag friends, use trending hashtags and filter their files before posting them. In 2012, Facebook acquired Instagram for $1 billion in both cash and stock.
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