Showing posts with label Instagram. Show all posts
Showing posts with label Instagram. Show all posts

Instagram also popular in China

Instagram popularity skyrocket, including in China. where the success is evidenced by the number of photos uploaded to Sina Weibo. Sina Weibo (Twitter version of China), reportedly inundated by hundred thousand images of Instagram. This happened just a month after Instagram adds its support to that microblogging service.


The further report states that there are as many as 50,000 Sina Weibo users who register to Instagram, as reported by TheNextWeb, Tuesday (04/01/2012).

This figure is quite remarkable considering Kevin Systrom (founder Instagram) was not too excited to China.

Facebook Buy AOL Patents for $550 Million from Microsoft

Facebook just bought 650 patents and AOL applications from Microsoft for $ 550 million. This purchase is done just a few weeks after buying Instagram for $ 1 billion.


Previously, Microsoft had purchased AOL patent for $ 1 billion in cash. Microsoft today announced it has only 275 patents from AOL, as 650 patents and other applications was purchased by Facebook on Monday (04/23/2012) local time.

However, Microsoft also said it has a license agreement for those 650 patent.

"The agreement today with Microsoft showed how important this acquisition to Facebook. This is another significant step taken to build a portfolio of intellectual property to protect Facebook for long time," said Ted Ullyot, Facebook lawyers.

Webbygram, Instagram applications via Website


Instagram often referred as toddler applications worth billions of dollars. This application was only two years old but worth $ 1 billion acquisition. When released only in iOS, Instagram capable of making 30 million users and force Apple to reward it as the best applications in 2011. When Instagram enter Android, Instagram even able to reach 1 million downloads in its first day of launch and increase the total number of users to 40 million.

Instagram popularity make a developer named Brendan Mulligan to create web version of Instagram. He name the program as Webbygram. Brendan Mulligan utilizing Instagram's API. And to use Webbygram service, the user must enter Instagram ID.



Instagram Originally Priced USD 2 Billion?

The acquisition of Instagram drained Facebook pockets for $ 1 billion. But it turns out, the transaction value has been offered by Mark Zuckerberg is not the original price. Instagram CEO, Kevin Systrom actually want $ 2 bilion for his application. However, after private negotiations, Zuckerberg Systrom persuaded lower price for Instagram. Kevin finally agree with the price.

At that time, on Thursday, April 5 local time, Zuck called Systrom after he himself spoke with Facebook COO Sheryl Sandberg about that big acquisition.

Reported, Zuckerberg did the acquisition without the help of lawyer, because he feared it would make Systrom reject the bid, as reported by SFGate on Wednesday (04/18/2012).
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