Photo-sharing app “Instagram”, has just been acquired by Facebook for an enormous $1 billion price tag.
Instagram was started only 17 months ago, and has a total employee of 13 members.
It is absolutely amazing how an app could grow in such a rapid growth rate.
Here is the official announcement from Facebook:
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. Now, we’ll be able to work even more closely with the Instagram team to also offer the best experiences for sharing beautiful mobile photos with people based on your interests.
We believe these are different experiences that complement each other. But in order to do this well, we need to be mindful about keeping and building on Instagram’s strengths and features rather than just trying to integrate everything into Facebook.
That’s why we’re committed to building and growing Instagram independently. Millions of people around the world love the Instagram app and the brand associated with it, and our goal is to help spread this app and brand to even more people.
We think the fact that Instagram is connected to other services beyond Facebook is an important part of the experience. We plan on keeping features like the ability to post to other social networks, the ability to not share your Instagrams on Facebook if you want, and the ability to have followers and follow people separately from your friends on Facebook.
These and many other features are important parts of the Instagram experience and we understand that. We will try to learn from Instagram’s experience to build similar features into our other products. At the same time, we will try to help Instagram continue to grow by using Facebook’s strong engineering team and infrastructure.
This is an important milestone for Facebook because it’s the first time we’ve ever acquired a product and company with so many users. We don’t plan on doing many more of these, if any at all. But providing the best photo sharing experience is one reason why so many people love Facebook and we knew it would be worth bringing these two companies together.
We’re looking forward to working with the Instagram team and to all of the great new experiences we’re going to be able to build together.
The new iPad has been available for a few days already. Consumers started receiving their lovely new iPad on March 16th.
Apparently, there is an overheating issue with the iPad, according to consumers. A staggering 33% of 850 respondents, agreed that the new iPad is indeed having overheating issues.
Apple must had received dozens of overheating complaints from consumers, so they responded today, “The new iPad delivers a stunning Retina display, A5X chip, support for 4G LTE plus 10 hours of battery life, all while operating well within our thermal specifications. If customers have any concerns they should contact AppleCare,”
On top of that, the new iPad has a few Smart Cover Problems. The magnet polarities inside the new iPad is not different from iPad 2, and it will not automatically sleep/on.
It’s not surprising that consumers are having concerns with Apple, similar to what happened to the iPhone4 “antennagate”.
Or are people simply having too high expectations for Apple? People just have to understand that there’s no perfect product out there.
Other then it’s overheating and smart cover issues, Apple still managed to pull some crazy numbers for the new iPad.
Apple reported, The new iPad is the strongest launch yet. They sold an astonishing 3 MILLION iPads within 3 days. The cheapest iPad would be 16gb+wifi, is $519 excluding tax. Try calculating 3 MILLION X 519. Apple certainly got their cash.
We will update this if we hear any more news regarding overheating issues from Apple.
Did you notice Facebook’s new feature? It’s on the left sidebar on your Facebook homepage.
I don’t know if you guys heard about Pinterest, but “Friend sheet” merged (copied) the concept to Facebook.
Friendsheet keep track of all your Facebook friend’s updates, photos, all in one page. It is worth checking out. (www.friendsheet.com)
Now Facebook introduces its “Interest List”, which basically track pages you liked or individuals that you subscribed to, so it basically turns the list into your personalized newspaper, with all news that you care about.
Facebook software engineer, Eric Faller, says, “Interest Lists will help you keep track of the things that you care about while keeping your Facebook Experience tidy. Interest Lists you create or subscribe to wind up in a little bookmark on the left-hand side of your News Feed and won’t crowd everything else.”
This is Friend sheet
Available starting March 16th! $499 for 16GB!
COMING IN MARCH 16TH!
The new iPad!:
-It will feature 4G LTE.
-iOS 5.1 is released! Everyone can update now.
-The new iPad will have a A5X quad-core chip.
-As predicted, it will feature a retina display resolution! This is twice the resolution of iPad 2
-It will have 1080p video recording!
-10 hour battery life, and 9 hour battery life on 4G
-Price starts at $499 for 16GB
COMING IN MARCH 16TH!
- “The momentum has been staggering. We sold 172 million post-PC devices, 76% of revenues.”
- “We’ve sold almost 15.5 million iPads last quarter alone. We sold more iPads in the last quarter alone than any PC manufacturer sold in their entire line.”
I don’t think any other auto-correct fails can out beat this one.
A few middle school and high schools in Gainesville, Ga. were locked down because of a student’s text message, which says, “gunman be at west hall today”.
The message was accidentally sent to a community member’s phone, and the member called the police.
The student intended to say, “gunna”, but auto-corrected to “gunman”
The police then tracked down the sender, and realized it was an auto correct mistake.
Sgt. Stephen Wilbanks of the Hall County Sheriff’s Office told The Times, “We want to emphasize that the recipient did the right thing in reporting the message.”
So much for auto-correct!