Some huge news has hit the web today–Facebook has agreed to purchase popular iOS photo sharing app Instagram for $1 billion dollars. The news was announced on Instagram’s blog and by Facebook CEO Mark Zuckerberg himself.
When Mike and I started Instagram nearly two years ago, we set out to change and improve the way the world communicates and shares. We’ve had an amazing time watching Instagram grow into a vibrant community of people from all around the globe. Today, we couldn’t be happier to announce that Instagram has agreed to be acquired by Facebook.
I’m excited to share the news that we’ve agreed to acquire Instagram and that their talented team will be joining Facebook.For years, we’ve focused on building the best experience for sharing photos with your friends and family. Now, we’ll be able to work even more closely with the Instagram team to also offer the best experiences for sharing beautiful mobile photos with people based on your interests.
AllThingsD is reporting the sale amount is $1 billion in cash and shares as noted in Facebook’s press release. Damn, well done Instagram.
Apple is set to hold a special event on Tuesday, May 7 to unveil iPad updates, but now we might see something new for the iPad Pro. That’s according to Bloomberg’s Mark Gurman in his weekly PowerOn newsletter. Unnamed sources tell Gurman Apple may debut its new M4 chip in iPad Pros, making the tablets...
Apple has revived discussions with OpenAI to potentially incorporate the its generative AI technology into upcoming iPhone features this year, claims sources speaking to Bloomberg’s Mark Gurman. These talks focus on adding OpenAI's technology into iOS 18, which we will see previewed at WWDC in June. Sources indicated that the discussions are in early stages....
Google has introduced a new course called AI Essentials, aimed at breaking down how to use artificial intelligence for professionals across various industries. Upon completion of the course, you’ll get a certificate that you can add to your resumé. Taught by AI experts actively working at Google, this course offers practical, hands-on training in using...