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April 9, 2012, 5:50 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.
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 …
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 …
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.
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 …
Roger Cheng / CNET:
Microsoft gives away ‘free time’ to promote Windows Phone  —  Nokia Lumia 900, a Windows Phone — and a creator of time?  —  (Credit: Josh Miller/CNET)  —  Microsoft wants consumers to really get its pitch that Windows Phones are more efficient than rival smartphones and can thus create more free time for consumers.
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.”
Gregg Keizer / Computerworld:
Expert: iPad Wi-Fi issues may be linked to power management  —  Unlikely that faulty hardware causing poor wireless connections  —  The Wi-Fi reliability problems reported by iPad owners can probably be solved with a software update, a hardware expert said Friday.
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 …
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.
Jessica Guynn / Los Angeles Times:
Ex-Facebook insiders building next wave of Silicon Valley firms  —  An elite group of Facebook friends, most still in their 20s, have already helped change the world.  Now they're working together to do it again.  —  SAN FRANCISCO — All eyes are on Facebook Inc., which is on the verge of a $100-billion initial public stock offering.
Enigmax / TorrentFreak:
MPAA Joins Google, Facebook, EFF In Repeat Infringer Copyright Battle  —  Flava Works, Inc v. Gunter is an ongoing case involving an adult studio plaintiff and a user-submitted video links/video embedding site.  —  It has become so important that some of the world's leading Internet companies …
Jason Del Rey / AdAge:
Google Plots Web Domain-Buying Spree  —  Search Giant Among Brands That Say They Plan to Apply for Generic Top-Level Domains  —  This week marks a major step toward a dramatically expanded internet, but only a few brands — including Google and Deloitte — say they'll take advantage of it.
Roger Cheng / CNET:
T-Mobile, Leap swap spectrum  —  T-Mobile USA and Leap wireless said today they plan on exchanging spectrum in several markets in the U.S. to better improve the potential coverage.  —  The spectrum swap also includes T-Mobile, Cool Inlet/VS GSM VII PCS, a joint venture in which T-Mobile …
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 …
Frederic Lardinois / TechCrunch:
Future Versions of Firefox Could Feature Built-In Video Chat  —  For a while now, Mozilla has been looking beyond the core browser features to expand Firefox's capabilities.  Last week, the Firefox team showed an interesting new demo at the IETF 83 meeting in Paris.
More: The Verge

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From Mediagazer

Rebecca Rubin / Variety:
The North American box office recorded its biggest weekend ever with ~$430M across movies, driven by Spider-Man: Brand New Day's $355M and The Odyssey's $51M

Alexandra Steigrad / New York Post:
Sources: former 60 Minutes EP Bill Owens seeks ~$50M to launch a rival news series with Scott Pelley and other fired staffers; a source close to Owens denies it

Christofer Hamilton / The Wrap:
Licensed shows account for ~40% of Netflix's global series titles but generate 50%+ of series-driven sign-ups, meaningfully outpacing their share of the catalog

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