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April 9, 2012, 11:50 PM
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Mediagazer
memeorandum
WeSmirchTop 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.
More:
TechCrunch, eWeek, DealBook, ReadWriteWeb, Deal Journal, Ars Technica, Branch, Los Angeles Times, CNET, What's Next Blog, Gizmodo, Photography Bay, The New Persuaders, Global Nerdy, Redmond Pie, GigaOM, The Next Web, PandoDaily, Neowin, Facebook Newsroom, Business Insider, Friending Facebook Blog, Geek.com, Venture Capital Dispatch, BostInno, SFist, How To Arena, New York Post, NBC Bay Area, CNN, Macgasm, VentureBeat, Adotas, PhotoBlog, App Advice, PetaPixel, BuzzFeed, Androsym, Digital Trends, About Foursquare and IntoMobile
Tweets: @stevestreza, @shervin, @peterrojas, @cdixon, @dom, @mike_ftw, @andrewchen, @eldon, @djventurewire, @joshmedia and @xeni
Thanks:@forrestkoba| 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.
More:
Quora, Bits, CNET, Fortune, Tom Anderson, The Next Web, MacStories, PandoDaily, AllThingsD, Giles Bowkett, Mark “Rizzn” Hopkins and Guardian
Tweets: @cdixon, @dondodge, @hunterwalk and @erickschonfeld
| 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.
More:
High Scalability, GigaOM, TechCrunch, CNET, Social Media, ReadWriteWeb, Los Angeles Times, Business Insider, Mercury News, PC Magazine, Pocket-lint, The New Persuaders, Pulp Tech Blog, Tech Cocktail, TUAW, Lifehacker, Androidian3VOlution, Redmond Pie, Ubergizmo, everythingiCafe and WebProNews
Tweets: @christine and @standers
| 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 …
More:
Associated Press, Bits, Digits, CNET, PC Magazine, Interactioned, DailyFinance.com, bizjournals, Hollywood Reporter, Financial Post, Mashable!, Laughing Squid and BBC
Tweets: @benhjacobs, @dsa, @dcurtis, @tapbot_paul, @pkafka, @naval, @pkafka, @bijan, @jason and @sacca
| 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:
The Next Web and msnbc.com
| 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 …
More:
The Next Web, PE Hub Blog, Fortune, ReadWriteWeb and Mobile
Tweets: @dondodge, @danprimack, @danprimack and @gerryshih
See also Mediagazer| Christine Herron / Christine.net: |
| 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.
More:
New York Times, Guardian, BuzzFeed, The Register and ReadWriteWeb
| Peter Kafka / AllThingsD: |
More:
SlashGear, Techdirt, Business Insider, ZDNet, The Tech Trade, Geek.com and PandoDaily. Tweets: @theromit
| Ingrid Lunden / TechCrunch: |
More:
AOL Corp, Macworld, Mixed Media, Between the Lines Blog, paidContent, Computerworld and My Nokia Blog. Tweets: @dondodge
| 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.| 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: @centernetworks, @loic, @jayrosen_nyu, @karaswisher, @dangillmor, @eghosao, @mulligan, @jason, @antoniogm, @dangillmor, @mathewi, @zee, @gerryshih, @lucas_shaw, @parislemon and @spencerchen. Thanks:@edwardaten
| 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.
More:
Ars Technica, CNET, Gizmodo, The Register, BBC, The Next Web and The Blog Herald
| Android Developers Blog: |
A Faster Emulator with Better Hardware Support — The Android emulator is a key tool for Android developers in building and testing their apps. As the power and diversity of Android devices has grown quickly, it's been hard for the emulator keep pace. Today we're thrilled … | 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 …
More:
CNET, The Verge, Ars Technica, Engadget, Communications …, Android Phone Fans, New York Times and IntoMobile
| 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.| 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:
Pulse2 Technology …, The TechBlock and Betabeat
| 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
| 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:
The Verge and TechCrunch
| Sam Byford / The Verge: |
RIM backtracks on stopping sideloaded BlackBerry PlayBook apps, plans separate anti-piracy measure — RIM's VP of Developer Relations Alec Saunders has taken to the BlackBerry Developer Blog to comment on reports that the company would remove the ability to sideload PlayBook apps.
More:
PC World, GigaOM, The Verge, BlackBerry Developer Blog, MobileSyrup.com, MobileBurn.com, Gizmodo, BGR, 9to5Google, IntoMobile and DailyTech
| 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.
More:
BGR, FierceWireless, TechCrunch, CNET, VentureBeat, The Windows Blog, PhoneArena and The Next Web. Thanks:@learmonth
| Peter Kafka / AllThingsD: |
Netflix Says Its PAC Is Not About SOPA — From the “yes, sometimes big companies like to influence the way government works” file: After a day of not commenting about its newly formed political action committee, Netflix has come out with a statement about FLIXPAC, after all.
More:
Techdirt, rt.com, PC Magazine, GigaOM, Mashable!, VentureBeat and The Next Web. Tweets: @netflix. See also Mediagazer
| 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
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