Yahoo keeps grimly churning through acquisitions; buying and shutting down small tech firms with mechanical fervor. Facebook is buying far bigger, far more expensive companies and with fairly stunning results. Instagram is the most dazzling example. Show More Summary
Facebook and Instagram announced on Wednesday that they would tighten policies to make it more difficult to buy and trade illegal guns on their websites. It's about time. Read more...
Facebook announced extra “education and enforcement” measures to crack down on gun sales.
SAN FRANCISCO (Reuters) - Facebook Inc and its photo sharing subsidiary, Instagram, will delete posts offering to buy or sell guns without background checks, Facebook announced on Wednesday.
A spokeswoman for Mayors Against Illegal Guns, told VentureBeat last week, "Anybody can go to Facebook and Instagram and buy a gun online. We’re asking them to review their policies."
It’s been one week since Facebook’s bought mobile messaging service WhatsApp for the brain-melting price of $19 billion. As the world ran out of superlatives and comparisons to describe the enormity of that sum (19 Instagrams? 5 million Segways?), we all wondered: How could an app with $20 million in estimated revenue last year sell for 950 times...
A group of angry mothers and a powerful advocacy group have joined forces to demand that Facebook and Instagram get out of the gun business. “Anybody can go to Facebook and Instagram and buy a gun online, and we’re urging …
When Facebook bought Instagram for $1B, I remember thinking that seemed like a lot of money. Well, this deal is like Facebook buying 19 Instagrams... That's lots of lots of money! So, why does Facebook think WhatsApp is worth...
Facebook announced yesterday that it's buying messaging app WhatsApp for $19 billion. The app is the 5th most downloaded on the Android market, and has 450 million users. The social network paid $1 billion for Instagram in 2012. READ MORE »
The cash and stock deal dwarfs the $1 billion Facebook paid for photo-sharing app Instagram
Facebook is paying much more for WhatsApp than it did for Instagram, but it’s getting more, too. On Wednesday, Facebook announced the latest move in its quest for mobile social domination: it plans to buy popular messaging app WhatsApp for $16 billion in a cash and stock deal.
Facebook just bought the messaging service WhatsApp for $19 billion, or 19 Instagrams. What does that even look like? To grasp how crazily big this acquisition is, it helps to break it out. Everything you're about to see is to scale. If one Instagram is worth about this much... Then Snapchat, which was reportedly offered […]
If a great big web company such as Google or Facebook buys a startup that’s captured the world’s imagination — such as YouTube or Instagram — it sometimes works out O.K. But if the startup in question is anything less than a massive hit, acquisition is often (and maybe usually) followed by termination. Show More Summary
Facebook shocked the tech world Wednesday when it offered to buy Snapchat for $3 billion (that's three Instagrams), and Snapchat shocked even more when it refused. Then Google was rumored to have considered a $4 billion offer. This suggests...Show More Summary
In Spring 2012, Facebook CEO Mark Zuckerberg spent a long weekend with Instagram CEO Kevin Systrom. After three days of talks, the pair agreed that Facebook would buy Instagram for ~$1 billion. In an instant, the 28-year-old Systrom put hundreds of millions of dollars into his bank account and made millionaires out of the startups dozen employees. Show More Summary
Mark Zuckerberg's social network shelled out $1 bln for no-revenue Instagram last year. Now it's dangling $3 bln to a mobile application that sends self-destructing digital images. Facebook's escalating need to buy off marauders at its moat suggests its defenses are scalable.
Nov. 12 - 13, 2013 San Francisco, CA Tickets On Sale Now While Facebook had already dished out $1 billion to buy photo sharing social network Instagram, the company was hoping to make an even bigger offer for photo service …
You could see it coming, couldn’t you? If Facebook is going to buy Instagram and turn it into a billion-dollar success story, there has to be a way for the photo-sharing app to generate huge revenues. And in the world of Web apps, that invariably means advertisements. Show More Summary
It's an internet law that any new social media technology will instantly be used to buy and sell drugs. I've come across allegations of drug trades on Facebook, Topix, Craigslist, and, of course various Dark Net forums like Silk Road. Now Instagram is in the spotlight for apparently being a hotbed of artfully-filtered drug trafficking. Read more...
Facebook spent $1 billion to acquire hot social startup Instagram, and it's said to have been willing to offer an equal amount to purchase popular social platforms like Snapchat and Waze. But could the world's most popular social network...Show More Summary