Glancee: Facebook keeps investing in Mobile…

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…

Is Social Media replacing Journalism?

According to this infographic from Schools.com over 50% of people have learned about breaking news via social media rather than official news source and Social Media has become the third top news sources. But can we trust the news that social…

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…