News for hackers. Stuff that matters.
Re:Facebook acquires Instagram by cageface on Monday April 09, 2012 @10:21PM (#3820364)
This feels a lot more like the 1999 "eyeballs" landgrab. There's no unique technology behind Instagram.

Being popular != being valuable.

Re:Facebook acquires Instagram by scalhoun2005 on Wednesday April 11, 2012 @02:54PM (#3829028)
Totally agree, unless the purchase is cheaper than gaining popularity, but that seems far fetched in this particular case.