Here is why Facebook bought Instagram
What is about Instagram that has made Facebook open up its checkbook and spend nearly a billion dollars in stock and cash to buy up a company only in its third year. There are many reasons, and the biggest one is fear.
Draw Something surpasses 50 million downloads, may have as many as 24 million daily active users
Pictionary-inspired game Draw Something has now passed 50 million total downloads and may have as many as 24 million daily active users. Zynga, which acquired Draw Something-developer OMGPOP for $180 million last month said the game reached the 50 million download mark after 50 days of release.
LG flexible e-paper display to launch new category of devices
This stunning new LG display technology called e-paper is a 6-inch, 1024×768 mono display that’s no more than 0.7mm thick and weights a mere 14g. More amazing, this is no prototype, it’s going into production in May 2012 and LG expects devices using the display to hit Europe in June 2012!
Aakash $35 Indian Tablet Gets Upgrade, Android 4.0
The Indian Aakash, tablet, famously priced at $35 is bound to get a hardware upgrade, through a new version. The Aakash 2 will feature a 7 inch capacitive multitouch display and a faster single core CPU.