Facebook Purchases Instagram
Facebook announced today it will be acquiring popular mobile photo-sharing app Instagram. The agreement is valued at approximately $1 billion in cash and Facebook shares, and is expected to close later this quarter.
According to a post on Facebook CEO Mark Zuckerberg’s timeline, the Instagram team will be joining Facebook, but the Instagram brand will continue to be built and grown independently. Zuckerberg also noted that keeping Instagram connected to other networks than Facebook is important, and his company would be “building on Instagram’s strengths and features rather than just trying to integrate everything into Facebook.”
Instagram initially launched for Apple’s App Store in October 2010, and the Android version debuted last week on April 3, 2012.


The Nashville Predators and Bridgestone Arena generate an annual economic impact of approximately $410 million on Nashville, according to a report released by the groups in March. Additionally, the hockey team and venue support more than 2,350 jobs annually.









Secrets of the List, the first book from MusicRow founder David M. Ross, was released last week. The longtime techie delved into the world of e-mail and online marketing for the book, which is designed to help others master their customer email lists to grow their businesses and brands. Secrets of the List explains cutting-edge online marketing strategies, and how to profit by harnessing their power. Step by step he shows how companies big and small can communicate directly with customers and market themselves effectively and economically.