April 10, 2012 |
How does a 28-year-old make $400 million in 18 months? Kevin Systrom won the start-up sweepstakes with the right product at the right time: Instagram. This young entrepreneur's ambition to build the next big social network caught the attention of Facebook founder and Chief Executive Mark Zuckerberg, who paid a cool $1 billion to buy Instagram this week. That's 1% of the valuation that Facebook is expected to fetch next month when it begins selling shares to the public for a tiny start-up that has never made a dime but soared to a loyal following of more than 30 million users just on Apple's iPhone.
December 18, 2012 |
December 17, 2012 |
Instagram may be close to having advertisements, and those ads might use your photos. The Facebook-owned social network announced upcoming changes to its terms of service, and the most notable one says Instagram can let companies pay to use your photos as well as your name and other information for ads that would be displayed within Instagram. "To help us deliver interesting paid or sponsored content or promotions, you agree that a business or other entity may pay us to display your user name, likeness, photos (along with any associated metadata)
January 18, 2013 |
Despite a major backlash from users protesting a proposed change to its terms of service last month, Instagram was able to increase the number of its monthly active users by 10%. Instagram now has 90 million monthly active users, according to the company, which updated the figure on its press page . “Instagram continues to see very strong growth around the world,” Instagram co-founder Kevin Systrom told AllThingsD . “With many...
February 8, 2013 |
Instagram's new Feed feature is clean, simple and easy to use. And it goes a long way to bolster the website for the photo-sharing social network. But could the introduction of the tool eventually lead to advertisements on the website? The Feed page displays to users the latest photos uploaded by those they follow -- a feature previously reserved for the mobile versions of Instagram. In the blog post announcing the new feature, co-founder Kevin Systrom said that if users shrink the width of their browser, the page will shift to look similar to how the Feed appears on Instagram's mobile apps.
December 18, 2012 |
Instagram has said it will remove language from its new terms of service that would have allowed users' photos to be part of advertisements that would run within the photo sharing social network. Kevin Systrom, the social network's co-founder, said Instagram doesn't currently have plans to run such ads, so it will remove that language from the terms of service that kick in Jan. 16. "We do not have plans for anything like this and because of that we're going to remove the language that raised the question," Systrom said in a blog . QUIZ: What set the Internet on fire in 2012?
December 4, 2013 |
Snapchat just made a big hire, luring Emily White away from Instagram to be the Venice start-up's chief operating officer. White, 35, leaves behind her job as director of business operations for Instagram. She previously worked for Facebook and Google. In her new gig, White will be Snapchat's second in command behind co-founder and Chief Executive Evan Spiegel and will help the photo-sharing app scale its operations. Snapchat spokeswoman Mary Ritti said White would start in early January.
April 9, 2012 |
Not since Google bought YouTube has an acquisition grabbed the world's attention the way Facebook's $1-billion deal to buy Instagram. And it's bound to get tongues wagging again about startup valuations shooting into the stratosphere. “It's unprecedented on almost any metric you look at,” said Paul Kedrosky, a senior fellow at the Kauffman Foundation. The San Francisco startup has just 13 employees. That works out to be $76 million per employee, Kedrosky pointed out. At the same time, Instagram had no business model, no revenue.
May 2, 2013 |
Tagging others in photos has been a long-time staple of Facebook, and now that feature is coming to Instagram. The photo-sharing social network on Thursday announced users will now be able to tag their friends in pictures that they shoot and upload onto Instagram. Users will be able to tap on a person's face in the photo and tag them, similar to how they can on Facebook. Additionally, they can also tag their favorite stores and celebrities, such as a band, Instagram said. QUIZ: How much do you know about Facebook?
September 6, 2013 |
Good news, space-loving hipsters: NASA has joined Instagram. As of Friday morning, you won't have to go hunting around the Internet for all those images of galaxies that look like animals, rockets about to launch, and Curiosity's adventures on Mars. They'll show up right in your Instagram stream, in that square format you've come to know and love. They will also be accompanied by fairly lengthy captions to help you understand a bit of the science behind what you see. The agency kicked off the account Friday morning with a full-color image of Earth rising over the horizon of the moon, taken from Apollo 11 in July 1969.