Facebook's Mark Zuckerberg has announced a new acquisition. The team behind Instagram will now be part of Facebook. The most compelling piece of Zuckerberg's post declares that Instagram will remain an independent product, which is good news for the Instagram API.
Instagram made API news today with new comment features, and a major upgrade. The Instagram Platform API has upgraded to Facebook's Graph API. This allows greater flexibility to access Instagram data from third party tools. Instagram commented that the API will be available to all developers soon.