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Posts Tagged ‘billion dollars’

It’s the big tech headline of the week: Facebook has announced it is buying the popular photo-sharing app Instagram for a cool billion dollars.But should Instagram’s 30 million users – who are reportedly uploading five million new photos to the service each day – have worries about the acquisition?Certainly if you looked on Twitter when […]

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Here’s a quick summary of events: * On Wednesday, thousands of websites participated in an “internet blackout”, protesting against proposed US anti-piracy legislation. * Yesterday, file-sharing website Megaupload was shut down, and its founders arrested. The charge? Online piracy alleged to have cost the entertainment industry more than half a billion dollars. * Overnight, websites […]

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There’s a chiling rumor going around the grapevine that could spell disaster if it’s confirmed to be true. China, not exactly a paragon of democracy, is said to be trying its very best to buy a significant portion of Facebook. Their motive: well, suffice it to say that it’s not likely to mean improved privacy […]

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