Well by now most of you social media addicts out there would have found out that last night while most of Australia was asleep, Facebook announced its acquisition of Instagram. At this stage the Zuck has indicated that Facebook do not plan on shutting down instagram, however no doubt we will see some changes to the way that the two platforms integrate and talk to each other.
It seem however that not everyone is happy about this buy out. TechCrunch today have shed some light on to the possibility of massive backlash and mass deletion of accounts by the instagram community worried about the information that Facebook will obtain and potentially use for all sorts of purposes.
To read more on this, check out the article on TechCrunch here: http://techcrunch.com/2012/04/09/insta-backlash-twitterverse-overreacts-to-facebooks-instagram-acquisition-users-delete-accounts/
You can also read the original announcement on instagram blog here: http://blog.instagram.com/post/20785013897/instagram-facebook