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April 10, 2012, 5:55 PM
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Andy Baio / Wired:
Instagram's Buyout: No Bubble to See Here  —  Instagram's billion-dollar sale to Facebook raised eyebrows Monday, renewing fears of a new tech bubble.  But compared to other major acquisitions since the dot-com bust, turns out it's a pretty sane deal.  —  To put the acquisition in perspective …
Paul Ford / New York Magazine:
Facebook and Instagram: When Your Favorite App Sells Out  —  Facebook, a company with a potential market cap worth five or six moon landings, is spending one of its many billions of dollars to buy Instagram, a tiny company dedicated to helping Thai beauty queens share photos of their fingernails.
Charles Arthur / Guardian:
Instagram and Facebook: the next tech bubble?  —  Facebook has bought the photo-sharing service for $1bn.  What does history tell us about the wisdom of such mega-deals?  —  A company with no revenues and barely any staff gets acquired for a billion dollars?  It has to be a bubble, doesn't it?
More: Vitrue and Xconomy
Kara Swisher / AllThingsD:
It's Official: Yahoo Reorgs Itself Just Like We Said (Memo Time!)  —  Yahoo CEO Scott Thompson just sent this note to Yahoo employees, about a new organization for the company.  —  “It's time for Yahoo! to move forward, and fast,” wrote Thompson (using punctuation I really, with nice comma deployment).
Vlad Savov / The Verge:
The 4 inch iPhone 5  —  In the past year of so the smartphone landscape has seen a trend of screen size increasing from around 3.2/3.5 inches to 4.3, 4.65 and as high as 5.3 inches in the case of the Samsung Galaxy Note.  The iPhone screen however, has remained at 3.5 inches since its debut in 2007.
Jason Snell / Macworld:
iTunes: Time to right the syncing ship  —  When Apple introduced iTunes in 2001, it served one purpose: As a music jukebox app.  Later that year, it added its most important feature: The ability to sync tracks with the just-introduced iPod.  Originally, you could just drag tracks onto …
More: TUAW, MacStories and Macgasm
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 …
Matt Brian / The Next Web:
A million Instagram Android app downloads in a day isn't cool.  You know what's cool? 5 million in 6 days.  —  Instagram is enjoying the biggest week in its existence.  The company, already riding high on its iOS success, launched its Android app and captured 1 million downloads …
Kim-Mai Cutler / TechCrunch:
Amazon Takes In-App Purchases Out Of Beta: Here's How They Compromised On Revenue Share  —  Amazon is taking the wraps off a new in-app purchasing service today in an effort to make its app store competitive with what Apple and Google offer developers.  That should let developers …
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 …
John Paczkowski / AllThingsD:
Apple's Market Cap Hits $600 Billion  —  Another market cap milestone for Apple.  —  With the broader market in decline, shares in the company rose to a new 52-week high this morning: $644.  And that jump was enough to carry Apple's market cap across the $600 billion threshold.
Alex Wilhelm / The Next Web:
Microsoft's latest Facebook project: Meet ‘A Year In The Like’  —  Microsoft and Facebook are quite the buddies, with strong product integration, and Redmond owning a piece of the social giant.  That friendship was recently on display with the launch of a new little Microsoft project called …
More: Ubergizmo and Neowin
Brad McCarty / The Next Web:
500px aims to take out Flickr with $20/year plan, unlimited storage, market function and Mac uploader  —  In a move that should be a surprise to nobody, technology darling 500px is moving to take out Flickr with a new Plus plan.  The company had previously held a high-level plan that was priced …
Agence France Presse:
Iran denies has plan to cut Internet access  —  TEHRAN — Iran has denied online reports surfacing Tuesday that it plans to cut access to the Internet in August and replace it with a national intranet, according to a statement by the ministry of communication and information technology.
Jordan Golson / MacRumors:
AT&T Unlocking In-Contract iPhones for Deployed Service Members  —  This weekend, AT&T began unlocking iPhones for off-contract customers.  This allows the iPhone be used with a SIM-card from overseas carriers, or T-Mobile in the U.S. In addition to unlocking phones for off-contract customers …
Richard Lawler / Engadget:
Google Play Music switches on labs features: HTML5 player, star ratings and notifications  —  We're so used to Google Labs features on commonly used services like mail and maps that we often forget they're technically experimental and now Music has a few of its own.
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 …
Leena Rao / TechCrunch:
SAP Acquires Enterprise Mobile App Platform And Development Partner Syclo  —  SAP is furthering its mobile presence today by acquiring Syclo, a company that provides an enterprise mobile app platform.  Financial terms of the deal were not disclosed.  —  Syclo helps companies build …

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From Mediagazer

Henry Blodget / Regenerator:
Bari Weiss' 60 Minutes decision may have been a way to both signal that she's serious about shifting CBS' sensibility to the right and “improve” a story

Todd Spangler / Variety:
Trump says Stephen Colbert is a “pathetic trainwreck” and “CBS should, ‘put him to sleep,’ NOW”, after CBS aired a Late Show rerun in which Colbert mocked Trump

Rebecca Rubin / Variety:
Disney crosses the $6B milestone at the box office for the first time since the COVID-19 pandemic; no other studio has managed to reach $6B since 2015

More News

Earlier Picks

David Pierce / The Verge:
Toshiba introduces 13.3-inch Android 4.0 tablet, new Excite range
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