An excellent use of Storify

The Guardian are using Storify to collect links and tweets about Facebook’s billion dollar acquisition of Instagram. It’s a great way to collect a continuously updated set of links to a question that is sure to generate a lot of web commentary in the next 24 hours.

Facebook’s Mark Zuckerburg has announced that his company will acquire photo-sharing app Instagram for a whopping $1bn in cash and shares. Why did Facebook pay such a massive price? We’re collecting insights and observations from industry observers, reporters and readers. Tweet us @GuardianUS, or toss in your thoughts in the comments below (Why did Facebook buy Instagram for a whopping $1bn? | Technology | guardian.co.uk.)