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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, …

Handicapping the Yahoo/Facebook Patent Battle

When Yahoo filed a patent suit against Facebook this week, it became as popular as Rush Limbaugh at a Planned Parenthood gathering. But many Yahoo investors will tolerate Silicon Valley’s scorn if the patent gambit actually …

Meet The 10 Patents Yahoo Is Using To Sue Facebook

Yes, Yahoo went there today—claiming in a lawsuit that it, not Facebook, is the real king of social networks. The company points to ten patents that it says cover features like messages, advertising and privacy settings.

We’ve provided here abstracts of those patents for your reading pleasure.

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