Recently Kevin Systrom sold his company Instagram to Facebook for one billion dollars. Instagram is a photo sharing app that made it's debut about eighteen months ago. The app now boasts over thirty million users and until it was sold to Facebook never really made any money. Systrom has become an instant billionaire almost over night. While the complete details of the sell are unknown as far as the exact cash amount with stock options. One thing's for sure Kevin Systrom is now a very, very wealthy man.
After Whitney Houston’s untimely death on the eve of the Grammys, the Sunday night awards show saw a 50 percent increase in viewership, but that didn’t stop Oprah Winfrey from trying to poach some of those eyeballs — and it’s gotten her into a lot of hot water with ratings powerhouse Nielsen.
Ever since he filmed himself shooting his daughter’s laptop with a .45 handgun, opinions have been sharply divided over Tommy Jordan’s brand of extreme parenting. In fact, someone who disagrees with his methods called police to his North Carolina home. But instead of arresting him, cops offered their thanks.
In Oregon last week, a 14-year-old boy driving a stolen passenger van lost control and slammed into a SUV, critically injuring the other driver. The teen fled the scene but was caught the next day after — get this — boasting about his escape on Facebook.
Although sharing our thoughts and feelings can be an important part of building friendships, a new study says people with low self-esteem who bombard friends with negative details about their lives on Facebook actually make themselves less likeable.
While it’s unclear exactly how much social media giant Facebook is worth — some have placed the value of the company between $75 – $100 billion — founder Mark Zuckerberg stands to become very, very rich now that the company filed for IPO on Wednesday. And on Thursday, the site went down for the first time in a while.
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