Facebook Has Another Dirty Little IPO Secret
The road to Facebook's IPO didn't get any smoother Thursday, when The Financial Times' April Dembowsky reported an impending Federal Trade Commission investigation into the company's Instagram purchase.
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.
The road to Facebook's IPO didn't get any smoother Thursday, when The Financial Times' April Dembowsky reported an impending Federal Trade Commission investigation into the company's Instagram purchase.
Yesterday we discussed how photo sharing apps have gotten all tricked out to compete with the now-Facebook-owned Instagram, but the real, next big thing in apps is video sharing.
Wall Street analysts and tech bloggers are still talking about the news of Facebook acquiring Instagram, holding a magnifying glass close to the deal to see if they might spot a clue about the imminently huge Facebook initial public offering.
As more details of the Instagram deal come out, it has become clear that Mark Zuckerberg pulled off a big billion dollar app deal while he still could, before the Facebook founder has to answer to the shareholders and board members of a public company.
Like everywhere else on the Internet, a thinspiration community has popped up on Instagram.
Pippa Middleton spent the night before her semiautomatic unpleasantness with dwarves, strippers, and fire-eaters, Julian Schnabel and Rula Jebreal call it quits again, and another Kennedy is born.
There's still a market for hand-held digital, non-smartphone, cameras, even with apps like Instagram to make photos "look cool" and attachments that can turn a smartphone into a fully-functioning professional digital camera.
In the hours following Facebook's announcement of its $1 billion acquisition of photo sharing app Instagram, some segments of the Internet reacted with extreme emotions, but the one that really stands out is all the hate.
Facebook's $1 billion acquisition of Instagram, a photo sharing app that costs zero dollars to use and has no source of revenue, sure feels like a social networking tech bubble.
For the amount that Facebook just spent on Instagram, Mark Zuckerberg could've paid for the cure to Lou Gehrig's disease, ramped up New York City's 911 system, or ... purchased the Solo Cup company
In a pronouncedly rare move, Facebook is the proud new owner of that photo-sharing app that all the kids are crazy about these days: Instagram.
The super-duper popular iPhone app Instagram, which adds filters to regular pictures, making them look retro and ready for sharing, has finally made it to Android phones.
On February 16 Alice Lee launched "Dear Instagram," a site she designed to serve as a pitch-slash-resume-slash-love letter for the new age. In about four days, the site went viral.
Now that our hip President has joined Instagram, we have some guesses for the next up-and-coming social media frontiers that the Obama 2012 campaign will try out to spread the Obama word.
Replacing everything we used to carry around with us, smartphones are making purses obsolete.
Even Instragram has 10 times pictures
Facebook's looking to get in on the filtered photo action
Few believed the tiny startup would be such a breakout success
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