In a blog post, Kevin Systrom, CEO of the photo sharing service Instagram, announced that his eight-person company will be acquired by Facebook. Facebook CEO Mark Zuckerberg chimed in on his own timeline, adding, “For years, we’ve focused on building the best experience for sharing photos with your friends and family. Now, we’ll be able to work even more closely with the Instagram team to also offer the best experiences for sharing beautiful mobile photos with people based on your interests.” Facebook says the transaction will be valued at $1 billion. We hope the owners of Instagram will share some of the windfall with their tiny, but effective, staff.follow link
Set Time Zone Automatically in Snow Leopard
Frequent travelers may be interested to know that in Snow Leopard your time zone can now be set automatically by bringing up the Date & Time preference pane, clicking the Time Zone view, and selecting Set Time Zone Automatically. A progress spinner appears while Snow Leopard sends off information about the Wi-Fi signals in your vicinity and receives location data back.
Facebook to Acquire Instagram for a Billion Dollars