Can you name this start-up?
Some 18 months after launching, it reaches 20m users and may be on the way to owning its category. An established internet giant, which has been trying to break into the same market, jumps in with a takeover offer worth more than $1bn – even though it’s not clear how the start-up will make money. With a market value that has soared to over $100bn, though, the acquirer feels it can afford the risk.
No, this is not Facebook buying Instagram – but the parallels are striking. Read more >>
Smartphone users have a wide range of mobile photo-sharing services, the latest phase of social media, to choose from. It’s starting to feel like if you’re not using a photo-sharing app, then you must be building one.
This week more new photo-sharing apps launched, while existing app Instagram passed a milestone. Read more >>
Too often, the photos we take get stuck on memory cards and camera phones, never to be shared with friends and family. This week’s Personal Technology column in the FT’s Business Life section looks at apps that can give them maximum exposure like Color, Path, Picplz and Instagram, as well as Eye-Fi’s Wi-Fi solution. Read more >>