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Thursday, 10/03/2013 5:22:04 PM

Thursday, October 03, 2013 5:22:04 PM

Post# of 49397
SAN FRANCISCO (MarketWatch) - Instagram is about to start running ads on the photo and video sharing site, the company said Thursday. Instagram is owned by Facebook Inc. FB +0.93% "In the next couple of months, you may begin seeing an occasional ad in your Instagram feed if you're in the United States," Instagram said in a blog post. "Seeing photos and videos from brands you don't follow will be new, so we'll start." Analysts have long speculated that Facebook may soon post ads on Instagram, a move that they said would allow the social network to boost revenue. Shares of Facebook were up more than 1% in after-hours trading.
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