Today, Facebook announced that it has acquired the hugely popular smartphone photo-sharing app, Instagram, for the tune of $1 billion “in a combination of cash and shares of Facebook.”
While Zuckerberg’s company plans to take over the team and service, Zuckerberg himself posted the following on his Facebook timeline, which suggests Instagram users will continue to enjoy some of the benefits they have grown accustomed to:
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.
What we are seeing again and again is that when successful web startups start getting any kind of traction or buzz they are being bought up by one of the behemoths (Facebook, Google … ) and as the result the rest of us wait to see what will happen. (Does anyone remember Gowalla? How about Dropio? Picnik? Jaiku? Tweetdeck?) The Instagram acquisition is unusual for the number of users and the size of the brand. The parallels here may be more akin to Yahoo’s Flickr or Google’s YouTube.
We pointed out last month that Facebook is already the largest photo library in the world and with this acquisition they just got bigger. Shouldn’t we all be a little concerned that one service owns such a large chunk of our visual memory? Has Facebook become the defacto repository or “museum” of our visual culture?
Al-Hadid’s new mosaic features the famed clock that hung at the entrance of the original station until the building was demolished in the 1960s.
The excavation project also yielded Old Kingdom-era amulets, stoneware, and daily-use tools.
Join the New-York Historical Society on February 10 for a virtual conversation about our changing relationship to the natural world with Julie Decker, John Grade, and LaMont Hamilton.
The steel spike clad in gold and silver commemorated the completion of the Transcontinental Railroad in 1869.
Thanks to a $3.3 million grant from the state’s Creative Corps, artists can now apply to bring the project to their neighborhood.
Your list of must-see, fun, insightful, and very Los Angeles art events this month, including Alicia Piller, Brad Phillips, Mulyana, the MexiCali Biennial, and more.
Her solo exhibition at the Los Angeles institution demonstrates how natural light can turn an overlooked, everyday setting into a sublime landscape.
Presented by Northwestern’s Block Museum and McCormick School of Engineering, this new exhibition seeks empathy at the boundaries of life. On view in Evanston, Illinois.
Nicola López and Paula Wilson’s exhibition Becoming Land considers anthropocentric relationships with New Mexico’s desert landscapes.
A festival dedicated to Davinci’s The King Show celebrates the LA artist’s trippy remixing of stock footage, Hollywood cinema, and theater.
Located in Des Moines, Iowa, this residency for emerging and established artists includes studio and living space, a $1,000 monthly stipend, and more.
20th Century Indian Art: Modern, Post-Independence, Contemporary surveys the many distinct aspects of art in South Asia.
Moving too fast on your commute, looking out of the corner of your eye one second too late, and you might miss HOTTEA’s yarn installations.