Techmeme
April 9, 2012, 6:45 PM

Top News

Mark Zuckerberg / Facebook:
I'm excited to share the news that we've agreed to acquire Instagram  —  I'm excited to share the news that we've agreed to acquire Instagram and that their talented team will be joining Facebook.  For years, we've focused on building the best experience for sharing photos with your friends and family.
Kevin Systrom / Instagram:
Instagram + Facebook  —  When Mike and I started Instagram nearly two years ago, we set out to change and improve the way the world communicates and shares.  We've had an amazing time watching Instagram grow into a vibrant community of people from all around the globe.
Kara Swisher / AllThingsD:
Facebook to Acquire Photo-Sharing Start-Up Instagram for $1B  —  Facebook has just announced that it will acquire Instagram, the popular photo-sharing service for $1 billion in cash and shares.  —  The social networking site posted on the acquisition, its biggest yet, on its site …
Alexia Tsotsis / TechCrunch:
Right Before Acquisition, Instagram Closed $50M At A $500M Valuation From Sequoia, Thrive, Greylock And Benchmark  —  I'm as shocked as you are, namely because I was working on this as a funding story all morning.  Anyways, right before its billion dollar acquisition from Facebook …
Om Malik / GigaOM:
Here is why Facebook bought Instagram  —  You might have heard by now that Facebook has acquired Instagram for nearly a billion dollars in cash and stock.  Incredible, isn't it?  I have received text messages of awe and shock from many people in the Valley, for no one saw this coming.
Dan Primack / Fortune:
Did Facebook panic?  —  Why Facebook is buying Instagram.  —  Last week, mobile photo-sharing site Instagram raised $50 million from venture capitalists at a $500 million valuation.  Today, the company agreed to be acquired for $1 billion by Facebook.  —  So what happened in the intervening days?
Ingrid Lunden / TechCrunch:
AOL Sells 800 Patents For $1 Billion To Microsoft [Memo To Staff]  —  This just in: one chapter of AOL's patent journey is coming to an end.  The company is selling 800 patents to Microsoft for just north of $1 billion.  —  Tim Armstrong, the CEO of AOL, says that the company will continue …
Peter Kafka / AllThingsD:
Attention Marc Andreessen: Microsoft Just Bought (Part Of) Netscape  —  Here's a deal that would have made many minds explode back in the 1990s: Microsoft is buying Netscape.  Or at least, most of the important parts of the company that used to be synonymous with “Internet”.
Android Developers Blog:
A Faster Emulator with Better Hardware Support  —  [This post is by Xavier Ducrohet and Reto Meier of the Android engineering team.  — Tim Bray.]  —  The Android emulator is a key tool for Android developers in building and testing their apps.  As the power and diversity of Android devices …
Nicholas Carlson / Business Insider:
Before OMGPOP Sold For $210 Million, The CEO Hired Back Everyone He Laid Off And Made Sure They Cashed In  —  A few months ago, OMGPOP was about to go bust.  —  Its Facebook games weren't performing and prospects were so bleak, CEO Dan Porter was forced to lay off several of the startup's flash developers.
John Paczkowski / AllThingsD:
Analyst Cuts Apple Rating on Prospect of iPhone Subsidy Revolt  —  Now here are two words you don't often see in the same sentence: Apple and downgrade.  Yet here they are in a note from BTIG Research's Walter Piecyk, who this morning cut his rating on the company's shares to “neutral” from “buy.”
Tricia Duryee / AllThingsD:
Exclusive: PayPal's VP of Product Sam Shrauger Resigns — Is He Headed for Yahoo?  (Memo)  —  A PayPal spokesperson has confirmed to All Things D that Sam Shrauger, the VP of global product and experience, is leaving the company.  —  “After eight years at PayPal, Sam has decided to leave the company.
Brian X. Chen / Bits:
Marriott Says It Stopped Ad Service Hidden in Wi-Fi  —  Last week, the Courtyard Marriott hotel in Midtown Manhattan was discovered to come with some hidden extras: The free Wi-Fi connection inserted lines of code for serving special ads into every Web page a guest visited.
Jonathan Koomey / Technology Review:
The Computing Trend that Will Change Everything  —  Computing isn't just getting cheaper.  It's becoming more energy efficient.  That means a world populated by ubiquitous sensors and streams of nanodata.
Tricia Duryee / AllThingsD:
Woof!  Rover.com Fetches $3.4 Million to Be Airbnb for Dogs.  —  Rover.com has raised $3.4 million to be the Airbnb of the dog-boarding market.  —  Rover is an alternative to dog kennels, much like how Airbnb offers an alternative to staying in hotels.  —  In addition to announcing …
More: Bits and TechCrunch
Terry Baynes / Reuters:
Court revives Rosetta Stone suit vs Google  —  (Reuters) - A federal appeals court on Monday revived the bulk of language-software maker Rosetta Stone Inc's trademark infringement suit against Google Inc.  —  In the suit filed in 2009, Rosetta Stone accused Google of committing trademark infringement …
Marguerite Reardon / CNET:
‘Smart screens’ to replace pay phones in NYC  —  New York City is looking to replace its public pay phones with Internet-connected touch-screen tablets.  —  The city will start a pilot program next month where it will install 32-inch “smart screens” with broadband Internet connections in 250 old phone booths throughout the city.
Ryan Kim / GigaOM:
Dataminr builds a Twitter-powered early warning system  —  Dataminr, a New York-based start-up that has been quietly building a global sensor network powered by Twitter, is introducing its technology to the public Monday, showing how its real-time engine can act as an early warning system for enterprise and government customers.

Sponsor Posts

Microsoft:
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Zoho:
4 Easy Steps to Seal the Deal Using Zoho Writer  —  Nowadays a growing number of business deals are taking place digitally.  The two major factors - Time and Money - are driving businesses to create, share …
Igloo:
All the coding ladies  —  Much has been said about women in technology this week as a result of Barbie once again, letting down the female population (or more appropriately, humankind as a whole) …
 

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