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April 9, 2012, 9:20 PM
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| 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.
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ReadWriteWeb, TechCrunch, DealBook, The New Persuaders, GigaOM, Deal Journal, Ars Technica, CNET, Friending Facebook Blog, Los Angeles Times, Venture Capital Dispatch, Global Nerdy, Redmond Pie, Neowin, Computerworld, Facebook Newsroom, Business Insider, Gizmodo, BostInno, ProgrammableWeb, Digital Trends, Guardian, bub.blicio.us, The Next Web, CNET, PandoDaily, Pulse2 Technology …, SheGeeksSheGeeks, Between the Lines Blog, SiliconBeat, Geek.com, Gotta Be Mobile, SFist, Tecca, How To Arena, New York Post, NBC Bay Area, CNN, Macgasm, VentureBeat, Adotas, PhotoBlog, App Advice, Mashable!, Matt Mullenweg, iMore.com and PetaPixel
Tweets: @cdixon, @shervin, @peterrojas, @dom, @mike_ftw and @andrewchen
Thanks:@forrestkoba| 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.
| 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.
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CNET, Bits, Quora, Fortune, Inside Facebook, PandoDaily, Giles Bowkett, Tom Anderson, GeekWire, The Next Web, Guardian, MacStories and AllThingsD
Tweets: @cdixon, @dondodge and @hunterwalk
| 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 …
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The Next Web, Interactioned, MacStories, CNET, Digits, CNET, PC Magazine, DailyFinance.com, bizjournals, CBS News, Hollywood Reporter and Financial Post
Tweets: @benhjacobs, @bijan, @dcurtis, @tapbot_paul, @pkafka, @naval, @sacca, @pkafka and @jason
| 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 …
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AllThingsD, ReadWriteWeb, PE Hub Blog, The Next Web, Fortune, VentureBeat and Mobile
Tweets: @dondodge, @danprimack, @danprimack and @gerryshih
| Mike Isaac / Wired: |
Exclusive: Facebook Deal Nets Instagram CEO $400 Million — Facebook's acquisition of the immensely popular photo-sharing service Instagram for $1 billion is far and away the largest acquisition in the history of the world's largest social network. But for CEO Kevin Systrom and company, it's a windfall payday like none other.
More:
TechCrunch, The Next Web, msnbc.com, VentureBeat, Los Angeles Times and TG Daily
| 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?
More:
Business Insider and Deal Journal
| Christine Herron / Christine.net: |
| Dave Thier / Forbes: |
Computer Legend and Gaming Pioneer Jack Tramiel Dies at Age 83 — Jack Tramiel, founder of Commodore International and crucial figure in the early history of video games, died passed away surrounded by his family on Sunday, his family confirms. He was 83 years old.
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ReadWriteWeb, CNET, The Register, PC Magazine, PC World, Examiner, TechCrunch, VentureBeat, Kotaku and Pulse2 Technology …
| 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 …
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paidContent, Macworld, AOL Corp, Mixed Media, Between the Lines Blog, Computerworld, Geekosystem and Pulse2 Technology …. Tweets: @dondodge
| 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”.
More:
SlashGear, Techdirt, Search Engine Watch, CNET, Business Insider, Gizmodo, ZDNet, The New Persuaders, The Tech Trade and Geek.com. Tweets: @theromit
| Larry Dignan / Between the Lines Blog: |
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TechFlash
| Sarah Lacy / PandoDaily: |
Investor Update — PandoDaily has always had a pact with readers that we'll be open and honest- particularly on the subject of our investors. Typically, this means we're telling you about new investors. — Today, however, we find ourselves in the unexpected position of having to disclose …
Tweets: @jayrosen_nyu, @karaswisher, @dangillmor, @eghosao, @mulligan, @jason, @spencerchen, @zee, @ddarlin, @antoniogm, @lucas_shaw, @gerryshih, @mathewi, @dangillmor and @parislemon. Thanks:@edwardaten
| 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 … | Kunur Patel / AdAge: |
Why AT&T Is Spending More on Lumia Launch Than It Did on iPhone — Windows Phone Will get $150 Million as Carrier Seeks to Fill the Void Created After Rivals Got Their Hands on Apple's Still-Hot Handset — Get ready for another big smartphone campaign. For AT&T, it'll be even bigger than the one for iPhone.| Phil Goldstein / FierceWireless: |
More:
Wired, TechFlash, Pulse2 Technology … and Ars Technica
| 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.
More:
PC Magazine, Pulse2 Technology … and The TechBlock
| 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.”
More:
The Tech Trade, Fortune and PhoneArena
| Jon Brodkin / Ars Technica: |
Windows-on-iPad service goes legit as Microsoft licensing demands are met — A hosted Windows and Microsoft Office service for the iPad and Android tablets that violated Microsoft's software licensing rules has apparently gone legitimate, with a new structure that complies with Microsoft guidelines for providing virtual desktops.
More:
Engadget, The Verge, BrianMadden.com, Android Authority and Gotta Be Mobile
| Jeff John Roberts / paidContent: |
New Groupon lawsuit targets execs, seeks board seats for shareholders — The lawsuits are coming fast and furious against Groupon after the daily deal site admitted to dodgy accounting tactics in a recent SEC filing. — The latest complaint is a so-called “derivative suit” …
More:
CNET and VentureBeat
| Mark Gurman / 9to5Mac: |
Faster iPhone with 1GB of RAM seeded internally, iPod touch 5,1 in the works? — With one iOS device update out of the way for 2012, Apple is working on updates to the iPhone and iPod touch. While these updates are expected, we've learned some details about this new iPhone and iPod touch.| 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 …
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VentureBeat
| Bloomberg: |
RIM Says Sales to U.S. Government Are Rising — Research In Motion Ltd. (RIM) said sales to U.S. federal agencies are rising and the BlackBerry is still a White House fixture, a bright spot for a company struggling with plunging demand amid competition from the iPhone.| 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.
More:
TechCrunch and The Verge
| 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.Sponsor Posts
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