Read more »
And just like that, the photo sharing app market is up for grabs.
It didn't seem possible just eight short months ago when Facebook announced that it was acquiring
the fledgling hipster photo sharing app for $1 billion. Instagram was all the rage, and I've even heard from a number of sources that it is now one of the definitive social networks for the teen and tween demographic.
But with yesterday's announcement
and Terms of Service
, Instagram is quickly falling from grace.
So what happened?
It's not too long ago (okay, in social media terms, it was eons ago) that Flickr was one of the major social networks. It was the photo sharing site of choice. Backed by Yahoo!, there seemed to be a bright future for this repository of images. But the rise of Instagram as a deft and light app that allowed seamless integration into sites like Facebook, Twitter, Tumblr and more made some wonder if there was a future for Flickr
UPDATE: Instagram has posted a clarifying statement
on their blog. More on that at the end of this article.
Labels: commentary, communities, facebook, Flickr, Instagram, photo sharing, Twitter