Facebook's eye-watering $1 billion acquisition of Instagram last month shocked many, but certainly outlined its intentions to reign supreme in the increasingly popular socio-image market.
We read news and information on a daily basis about individuals and companies trampling on other people for the purpose of self gain, so it is only right that proper credit is given out when it is due for large organizations that genuinely try to do something good in the world. Some people may be under the assumption that Facebook is just a social networking hub, but due to their global reach and importance in people’s lives, it stands to reason that they have a wider responsibility than just be a social network.
We all live our lives online. Be it Facebook, Twitter or any of the myriad other social networks, the chances are that you have plenty of online presence strewn across a variety of networks. Throw the recent Facebook acquisition, Instagram, in there as well, and there's plenty of photos, comments and the like to be taken into consideration, too.
SkyDrive vs iCloud vs Dropbox: Which Is The Best Cloud Storage / Backup Service That You Should Use?
To the cloud, file storage service! That certainly seems to be the mantra as of late. And the competition amongst companies who provide such services is definitely heating up. Dropbox, a popular choice for quite some time (its name is practically the first thing that comes to mind when thinking about cloud storage) is being threatened by SkyDrive, which really stepped up its game today. iCloud also provides an unbeatable seamless backup/syncing experience for users of iOS and Mac. On top of this, Google wants to get their foot in the door of this market with Google Drive.
Judging by the reaction of those who've come into contact with it, the new iPad is a joy to behold. It has a beautiful body, is visually pleasing, and, according to 10 percent of men, more pleasing than making love to a woman.
Instagram's rise from their early beginnings as a company called Burbn simply trying something new to the image sharing giant of today is nothing short of impressive. In a mere 17 months, the company had a fantastic exit; it was acquired by Facebook for $1 billion, a company synonymous with the word 'startup'. And, throughout these 17 months, Instagram blew through various milestones very quickly. The first Instagram app which was launched in 2010 had 200,000 users in the first week. This number jumped to 1.75 million by February, then 4 million in May. Staggering growth, really, for what on the surface is such a simple app.
Facebook is in the news a lot recently, with the social network splashing the cash to acquire photo sharing platform, Instagram. One of the reasons the company was in the news last year, the new Timeline feature, is now the subject of a Microsoft-made website, too.
There was something of a bombshell greeting me when I awoke today, and it's probably fair to say that it is still sinking in. In fact, it is proving something of a big deal for many across the internet, if a quick skim of my Twitter and Facebook feeds are anything to go by.
Instagram - one of the hottest image-based social networks at this point in time - has just been acquired by the world's foremost social platform, Facebook.
A certain amount of hysteria has arisen today after a report suggested that a security vulnerability in Facebook's mobile apps could lead potentially to identity theft.
