The founders of Instagram, now multimillionaires after Facebook bought their app this week, were helped along the way by the tight web in the Bay Area tech scene.
It sounds like Adrian Perica, Apple's head of mergers and acquisitions, has been having a busy couple of weeks. This weekend, it got out that he's been having meetings with electric automaker Tesla.
In one way, it's weird that Facebook just agreed to pay $19 billion for WhatsApp. The messaging app — which allows people to send texts, audio and video — does pretty much the same kinds of things that you can already do on Facebook.
Facebook reports its third quarter financial results tomorrow. We'll have live coverage beginning just before 4 P.M. eastern.
Facebook hasn't had much luck with the ecosystem of apps it's trying to create outside the regular Facebook app.
On Wednesday, a startup named Spindle announced that Twitter had bought it and was shutting it down.
U.S. companies and investors are falling over themselves to get a piece of Israel's startup action these days.
When Facebook so chooses it can make startup entrepreneurs and the venture capitalists that invest in them very rich.
Less than a day after Twitter launched Vine, Facebook has cut off the video-sharing application’s “find people” button, which allowed members to connect to their Facebook friends.
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