A few weeks ago, Facebook made waves when it announced that it has bought the hugely popular photo taking app Instagram for $1 billion. According to the press statement, Instagram will be developed independent of Facebook. With Facebook recently announcing its own photo taking feature that promise may have been kept but it also creates a lot of questions about the future of both Facebook and Instagram.

The new Facebook Camera is a new app that the leading social networking company will be releasing on the iTunes App Store. [Read more…]