Facebook has just acquired another startup, the location-based mobile app Glancee. Glancee helps you discover the hidden connections you share with the people around you by highlighting people that have friends in common, that went to the same school, that work in…
Category: Mobile
Facebook buys Instagram for $1 Billion!!!
Facebook, has announced the purchase of the mobile photo-sharing service Instagram for $1 billion in cash and stock. This is an interesting move considering that the 13-employee startup based inSan Franciscohad neither business model nor revenue. So why did FB…