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Facebook to Acquire Instagram Photo-Sharing App

Facebook just announced “that it has reached an agreement to acquire Instagram, a fun, popular photo-sharing app for mobile devices.” The deal consists of “approximately $1 billion in a combination of cash and shares of Facebook” and “is expected to close later this quarter.”

Will the JOBS Act Live Up to Its Name?

President Obama just affixed his signature to the JOBS Act in a public signing ceremony you may have caught on CNN. The Jumpstart Our Business Startups Act, which passed both houses with bipartisan support, sounds like a win for …

How Facebook Search Could Be a Gift to Google

Facebook’s reported move into search may one day prove a mortal threat to Google’s advertising business. But in the short run, the social network’s new project comes at an opportune time for the search giant.

For Google, …

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