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Instagram has launched its first-ever ad, and it's very gold and girly. It was for a Michael Kors watch and captioned: "5:15 PM: Pampered in Paris #MKTimeless." So far, it has 232k likes and more than 700 comments, many of them either supporting or hating on ads. Love 'em or hate 'em, looks like Instagram ads will be attention-grabbers. [Racked]