Instagram

Yahoo continues buying spree with Qwiki purchase

Yahoo continued its acquisition spree on Tuesday, jumping on the micro video bandwagon with the acquisition of Qwiki. The US startup has iPad and iPhone tools that turn a user’s photos and videos into short movie montages.

Facebook and YouTube focus on photo sharing

Facebook has launched a photo-sharing app just weeks after agreeing to acquire Instagram, while Google–owned YouTube has introduced an app which enables users to take photos at events when they are not physically there.

Facebook snaps up Instagram

Photo sharing startup Instagram has been acquired by social darling Facebook for an estimated $1bn, or a quarter of the network’s 2011 revenues.

Polls

Should privacy be treated as a right to protect stringently, or a commodity for users to trade for benefits?

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