Is Tumblr Worth $1 Billion?
There's another $1 billion acquisition rumor floating around. Yahoo, reportedly, is interested in coming to some sort of deal to acquire Tumblr.
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With a mysterious Facebook product launch coming up on Thursday, the rumormongers think they've landed on yet another possibility: a video competitor for Twitter's Vine, made by none other than Instagram itself. You know, even though the rumormongers believed something else entirely just a few hours earlier.
There's another $1 billion acquisition rumor floating around. Yahoo, reportedly, is interested in coming to some sort of deal to acquire Tumblr.
In this definitive telling of the history of Instagram we get CEO Kevin Systrom's reasoning for ultimately choosing Facebook's $1 billion offer over Twitter's $520 million—and it has less to do with money than you might think.
Now that Instagram has introduced a "Photos of You" section for tagged snapshots just like its parent company Facebook, you can forget the beautiful images of pro photographers and amateurs turned pro — your square cellphone art is about to degrade into filtered party pics.
In an attempt to continue its quest to become everyone's hyper-organized "personal newspaper," Facebook is planning to adopt a modern organizing tool that's as easy for its native Twitter users to make fun of as it may prove useful to the often cluttered No. 1 social network.
For the first time since 2006, Goldman Sachs hosted one of its famous partners galas, and we know all about the lavish affair thanks to... Instagram, meaning the recession has officially ended and photo sharing apps are legitimate reporting tools.
An Israeli Defense Forces (IDF) soldier angered folks on both sides of the West Bank Barrier when he posted a photo of a young Palestinian boy in the crosshairs of his rifle on Instagram.
Yes, Instagram's migration from your phone to your personal computer or tablet is nearly complete. Well, except for the taking photos part, and the fact that it's buggy on launch day, but still.
During his immigration speech on Tuesday afternoon President Barack Obama cited the Brazilian born Instagram co-creator Mike Krieger as an example of the potential jobs and money a non-American can bring to our country, a strange choice considering how teeny-tiny the photo-sharing app industry is.
Just like Vine, pretty much any of the other "Instagram for video" platforms that have come out in the last couple of years have experienced an inundation of inappropriate content.
Instagram released new numbers Thursday that show there's still devotion, but is there real growth to track since Facebook's $1 billion acquisition last year? Or a real drop-off since Instagram's sell-out move last month?
Instagram lost 4 million of its 16.4 million daily active users over the Christmas holiday, according to the usage trend monitors at AppData — but let's not jump to conclusions.
You were mad enough when you thought Instagram was going to use your photos for ads, so it stands to reason that you might be a little ticked Instagram used them for a year-end roundup, right?
Without further ado: Pictures of people standing in front of Christmas trees with their brand new guns.
For Instagram, there's good news and there's bad news about the class action lawsuit just filed against them. Bad news first: Somebody just filed a lawsuit. Good news: Facebook's lawyers have plenty of practice getting rid of these.
Even though Instagram has both apologized and now walked back its terms of service, the mutiny over the photo-sharing app has given its once universally loyal users a preview of a tech universe very much prioritizing money over user experience.
Remember when tech companies changed things and didn't listen to all of the people complaining about it? Those days are long gone, apparently. Instagram is reverting back to their old Terms of Service, the company announced in a blog post Thursday evening.
In a move to protest Instagram's new vision for its lucrative future, many of its most loyal users have suspended or deleted their accounts. So have some of its best.
Michael Bloomberg on gun control, Matt Miller on gun buyback programs, Lydia DePillis on Instagram, Chris McDermott on the Keystone XL pipeline, and Scott A. Snyder on South Korea's first female president.
The backlash to Instagram's new Terms of Service agreement that suggested it might sell its users' photos as ads without compensation has forced the company to take a big — if not complete — step back with a statement released Tuesday.
Now that Instagram has suddenly angered so many of its millions of loyal users with a sneaky terms of service change, Yahoo's Flickr app for iPhone actually has a chance to win over legions of new photo sharers. Herein, a comparison test.
Instagram updated its privacy policy Monday morning in a move designed to make its Facebook partnership all the more official and, more importantly, to prepare itself for all the advertisements inevitably making their way to the app.
Facebook may have something of a new strategy: If you can't buy the competition, build a clone of it. Rumor has it that Facebook has built and is testing its own version of SnapChat, that popular-with-the-youngsters app that many associate with sexting.
It's not clear exactly when or how, but Facebook's Carolyn Everson confirmed that the company will "monetize" (i.e. sell advertising) on the very-popular photo sharing app.
A day after debuting its new mail apps, the company has just released a Flickr app for iPhone, that — surprise, surprise — has Instagram-type filters. This comes just days after Twitter released its own filters and Instagram unveiled a new one.
On the the same afternoon that Instagram updated its mobile apps with a new filter called Willow, Twitter debuted long rumored photo filters of its own — all of which explains the whole dust-up over Instagram photos disappearing from Twitter last week.
Holidays seem to be Instagram's bread and butter, so it makes sense that Twitter would fire their first shot in the war on Instagram when the app is at its most vulnerable.
We know everyone is a little bummed about all those filtered photos disappearing from your Twitter streams this weekend, but let's not get all worked up about it: They are disappearing, and there is no scandal.
Instagram made sharing its photos a lot more annoying for Twitter users Wednesday in what's being called a "brewing war." We're here to help with a handy three-step program to getting over this terrible ordeal.
Instagram has suddenly — and suspiciously — removed its photos from your Twitter stream. What does Facebook have to do with all this?
Oh, no! You were so busy eating and being thankful for family, friends and good health yesterday that you forgot to Instagram your turkey! Don't worry, everyone else remembered. Thanksgiving was the busiest day ever for the upstart social network.
The iPhone had its week last week, when Instagram brought unbelievable but real images of Sandy's destruction to our attention and Twitter acted as a (mostly) reliable news and information source for many people. But Election Day, however, doesn't want any of that.
This afternoon the filtered smartphone app became more than that, launching web profile pages for its computer inclined users.
While it's one of our favorite ways to track the storm, the thing about following Sandy via photos on the Internet is that, like a lot of things online, there is a high chance of encountering a fake.
As the iPhone-ed masses witness Hurricane Sandy's wrath, the user-generated storm porn is starting to come in.
Though the Instagram sale got a lot of press for its big $1 billion price tag, when all is said and done Facebook will only pay $715 million in cash and stock for the photo-sharing app, according to a Security and Exchange Commission filing from today.
The same year Instagram got bought up for $1 billion dollars, Hipstamatic, the original retro filter-based photo sharing app laid off all but six of its employees because of one huge oversight: Social.
Every day The Atlantic Wire highlights the video clips that truly earn your five minutes (or less) of attention.
Even more than Twitter now, Instagram has its users hooked, but it still doesn't mean much financially for Facebook. Still, there are some glimmers that sharing photos might be a big business.
Today in books and publishing: Rowling's old neighbors insist they aren't snobs; Naomi Wolf's Vagina turns off feminists; Teju Cole on Insta-photography; happy International Book Week!
Every day The Atlantic Wire highlights the video clips that truly earn your five minutes (or less) of attention.
With Facebook's stock decline, the people who sold Instagram have also lost a considerable amount of their company's value because of poor negotiating tactics described by DealBook's Steven M. Davidoff.
A summary of the best reads found behind the paywall of The New York Times.
Rich Kids of Instagram got lots of people talking about about self-presentation and socioeconomic status on social media. One commenter agreed with Rebecca Greenfield's take on the issue.
While the Internet has had a good time making fun of these rich kid Instagram photos, haters should be careful. These postings are emblematic of the entire medium we all use.
After intriguing some with his idea for Instaglasses—spectacles that tint the world like Instagram—designer Markus Gerke has clarified that he has no plans to move these glasses out of the concept phase, to which we say: Phew.
A giant tech company buys a hot start-up for a lot of money and loyal users are fearful that the new owner will crush the company's soul. Sound familiar?
If Facebook bought Instagram so it didn't have to compete with it, why did it just put out a photo-sharing app just like Instagram?
Dealbook's Evelyn M. Rusli reports that the music-sharing company Spotify is raising money as part of a deal that values it at $4 billion, and fresh off this morning's enormous $1.5 billion valuation for Pinterest, we can't help but fear this is more evidence of a social media bubble.
Once upon a time a big tech company bought a smaller photo sharing tech start-up and ruined both.
Apple's update to its iCloud service sounds a lot like Instagram.
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