Android World Update # Instagram confirms it will introduce ads

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Instagram confirms it will introduce ads Sep 10th 2013, 09:09, by Kris Carlon It may come as a surprise to you to know that Instagram, the insanely popular photo- and video-sharing service bought by Facebook last year for $700 million, has never actually turned a profit. That's right, despite having 150,000,000 active monthly users, the social service has never made a buck. That is all about to change however, as the company plans to monetize the service with the inclusion of advertisements. No question about it anymore: ads are coming to Instagram. / © heartifb.com (This is a preview - click here to read the entire entry.)

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