Techmeme
April 10, 2012, 10:20 AM

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.
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.
Brittany Darwell / Inside Facebook:
Facebook helps Instagram with unique Open Graph app rollout  —  Facebook and Instagram have been working together for weeks on an Open Graph integration for the mobile photo sharing app, Inside Facebook has discovered.  —  Facebook, which announced today that it acquired Instagram for $1 billion …
More: MacNN
Kevin Systrom / Instagram:
Frederic Lardinois / TechCrunch:
Google's Chrome OS Will Soon Look More Like Windows Than A Browser  —  It's hard to say how popular Chrome OS, Google's browser-centric operating system, really is.  There can be little doubt, though, that Google is quite serious about this initiative.  Today, Google launched …
David Pierce / The Verge:
Toshiba introduces 13.3-inch Android 4.0 tablet, new Excite range  —  Toshiba announced its back-to-school tablet lineup today, adding three models to its Excite brand.  The first one you'll notice is the Excite 13, which you can hardly avoid — its 13.3-inch display is absolutely enormous, nearly twice the size of a 7-inch slate.
Amrutha Gayathri / International Business Times:
Iran To Shut Down Internet Permanently; ‘Clean’ National Intranet In Pipeline  —  Millions of Internet users in Iran will be permanently denied access to the World Wide Web and cut off from popular social networking sites and email services, as the government has announced its plans to establish a national Intranet within five months.
CNET:
Why Microsoft spent $1 billion on AOL's patents  —  Microsoft dropped an eye-popping $1 billion on 800 AOL patents today, an astonishing amount likely spent to keep the intellectual property trove away from rival Google.  —  But according to a source close to the situation, Google didn't even bid on the portfolio.
Rolfe Winkler / Wall Street Journal:
Carriers Band to Fight Cellphone Theft  —  The nation's major wireless providers have agreed to a deal with the U.S. government to build a central database of stolen cellphones—part of a broad effort to tame an explosion of thefts nationwide.  —  The database, which the wireless companies …
Michael Arrington / Uncrunched:
About Pando  —  Some of you may have read Sarah Lacy's post today stating that I'm no longer on the board of Pando Daily.  —  This wasn't a complete surprise to me, the company notified me last week that they weren't happy that I and MG Siegler (my partner at CrunchFund) were going to speak at TechCrunch Disrupt this coming May.
Sarah Lacy / PandoDaily:
Stacey Higginbotham / GigaOM:
How Google is using OpenFlow to lower its network costs  —  Google is checking out a new form of networking protocol known as OpenFlow in the communications networks that run between its data centers.  The search giant is testing the use of software-defined networks using OpenFlow in order …
Thanks:@om
Andrew Nusca / Between the Lines Blog:
Best Buy CEO Brian Dunn resigns  —  Summary: Best Buy CEO Brian Dunn resigned this morning.  Director G. Mike Mikan will serve in the interim.  —  Brian Dunn, chief executive of tech big box retailer Best Buy, resigned this morning.  —  “There were no disagreements between Mr. Dunn …

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