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Thursday08 December 2022

Displaying items by tag: Mark Zuckerberg

Thursday, 06 September 2012 17:05

Facestagram has landed

facestagram

Instagram has officially become part of Facebook today. Instagram passed the 5 billion photos mark and Facebook had to pay $1 billion to get a hold of this rising photo service. Both companies claim that Instagram will keep a decent part of their independence. The deal was announced in April but it took them 5 months to finish it because of certain regulations they had to fulfill. ”The Instagram app and its features will stay the same one you know and love, and we’ll keep working together to build a better Instagram for everyone.” came the comment today from Instagram, their team will move to the Facebook offices and work from there.

Published in News
facebook money

When Facebook decided to go public we had a feeling that is was a very ill-conceived idea and that their tendency to do things that their users and lawmakers do not like would come back to hurt them. On the days leading up to the IPO there was a flurry of activity while people tried to get stock that they felt was going to be a goldmine similar to Microsoft or even Apple. On the other hand there were a few more level headed people that remembered the secretive way Facebook does things and knew that it was only a matter of time before the stock tanked.

Published in Editorials
Facebook logo

Well looks like we were close to the mark with our comments this morning about a Facephone. If you remember we had talked about the rumors that continually popup about this legendary device and some of the “indicators” that have had analysts and journalists even claiming to know when one would launch. So far we have heard everything from it will be Nokia/Microsoft effort to an HTC/Android product. The problem was that most guesses about this were based on the simple fact that Facebook hired people from Apple and Palm. What they did not do was really look at what those people did and what they are doing at Facebook.

Published in News