(INSTAnt camera teleGRAM) A very popular photo and short video sharing service for mobile devices founded in 2010. Pictures taken with the Instagram app can be sent to Facebook, Twitter, Tumblr, foursquare or Flickr, as well as to the user's account on the Instagram website. In 2012, Instagram became famous overnight when Facebook announced its acquisition of the year-and-a-half old company for USD $1 billion. Stories and Live Video In 2016, Stories was added that lets users post photos and videos that last for 24 hours. A slide show can be created by adding images and videos. Also in 2016, Live Video lets Instagram users share videos in real time. See Boomerang and Hyperlapse. Follow Your Favorite Instagrammer Individuals, entertainers and commercial enterprises use Instagram as a social networking venue. They post images about their area of interest, invite comments and enable people to "follow" them similar to Twitter.