We all heard the story, Facebook and Instagram confirmed a deal early this year which would see Facebook stumping up a massive $1bn for the photo sharing app.  At the time many claimed it to be ludicrous, the final amount being made up from a combination of cash and shares, whilst others co...

With the recent flotation of Facebook one thing is clear, social media is big business and it is here to stay (at least for the foreseeable future). At last count Facebook boasted in excess of 750m users which, in theory, is over 10% of the world's population. I say in theory as, despite t...