Break out your Dr. Evil jokes, if you've got any left. Facebook just announced that it will be acquiring Instagram, the popular photo-sharing app and recent addition to the Play Store family, for a cool billion dollars. You read that right. With a "b". Billion. To answer all the critics who were wondering what's so cool about Instagram: a billion dollars.
Instagram assures us in a blog post on the subject that the app will stay the exact same as it always has been.