Monday, April 9, 2012
Facebook Buys Instagram For $1 Billion
"Mark Zuckerberg just announced that his social networking giant, Facebook, formally agreed on a plan to acquire photo-sharing network Instagram for $1 billion in a combination of cash and stock. Zuckerberg described Facebook's first acquisition of a product with a legion of followers as an exciting opportunity to enhance user's ability to share photos with their friends and family, especially with the filters, options and capabilities built-in to the Instagram apps. While there are a lot of similarities across the two brands, Zuckerberg emphasized that his focus is to grow both brands independently, but the opportunity to expand the reach of the Instagram app around the world is where Facebook's monster presence and infrastructure comes in. While it will be hard to predict how Facebook will handle Instagrams 30 million users that pay nothing for the service, this business deal certainly makes sense for Facebook" - FreshnessMag
Folding Ray-Ban
The Ray Ban Wayfarers have been a classic since the 50's. The scary obstacle for brands with classic products is how to keep it current while not changing to much. Because as the saying goes, if isn't broke then dont try to fix it. Well Ray Ban has produce the same pair of shades but now they are much more convenient to carry around. With a brake away frame between the lenses and arms the glasses are folded into a much smaller compact area just right for your pocket.
Subscribe to:
Posts (Atom)