Rumored FTC probe could delay Facebook / Instagram deal, Toaster filter will have to wait

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If you were hoping that [Facebook's buyout of Instagram][3] would wrap up quickly and let you directly integrate your [heavily filtered photos][4] into Timeline, you might be disappointed. Citing the ever-present "people familiar with the matter," the _FT_ believes the Federal Trade Commission is orchestrating a competition probe. These kinds of investigations are common for most deals over $66 million -- we suspect the $1 billion Instagram pact qualifies -- but could add six months to a year to Facebook's originally planned spring closure date. The deal is still expected to go through, and you can keep [tilt-shifting your photos to death][5] in the meantime; just don't expect those shots to blanket friends' Facebook walls anytime soon.

[Rumored FTC probe could delay Facebook / Instagram deal, Toaster filter will have to wait][2] originally appeared on [Engadget][6] on Thu, 10 May 2012 15:20:00 EDT. Please see our [terms for use of feeds][7].

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[3]: http://www.engadget.com/2012/04/09/facebook-to-buy-instagram/
[4]: http://www.engadget.com/2012/04/03/instagram-for-android-hands-on/
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