In its June 26 decision, a 5-4 majority of the Supreme Court ruled that the Second Amendment confers an individual right to keep and bear arms, and that the D.C. provisions banning handguns and requiring firearms in the home disassembled or locked violate this right.
Instagram is a privately-held, venture capital backed social media and mobile application development company centered around photo-sharing. Instagram is headquartered in San Francisco, California. Instagram was founded in 2010 by Mike Krieger and Kevin Systrom.
Today Instagram has 30 million registered users who share more than 150 million photos per month. The acquisition came just six days after the Instagram Android APP was released. Within 12 hours of the APP's release, Instagram Android was downloaded one million times. As for the other $600 million: $100 million goes to co-founder Mike Krieger.