Facebook’s Motive Behind Buying Instagram: Zuckerberg Was Scared

Late last night web and technology writer Om Malik wrote a short post on his blog entitled “Yup, he was scared s***less!”, referring to Facebook CEO Mark Zuckerberg, in which he justified his initial opinion that the Instragram acquisition was prompted by fear. In the post, Om referred to a recent article by Evelyn Rusli in which new details on the deal emerged: Zuckerberg seemed aggressive about the acquisition and in a rush to close the deal. After all he ended up paying double what the service was valued at 24 hours before he made his bid. “Scared s***less – there is no other way to describe it!” he concluded.

Helping the blind see the web

It’s all about technology in today’s world. We can’t seem to function properly without our cell phones and laptops. Media has positioned itself at the center of our daily lives and has become deeply intertwined with the web. Without media literacy a person can be considered “illiterate”. People with special needs however remain excluded from media and technology due to the lack of methods that allows them access the web. For that matter, various local and global companies came up with programs and applications that allow these persons to take part in the technology world.

Kindle Fire vs. The iPad

Amazon recently announced 4 new devices: three e-readers and a Tablet dubbed ‘Fire’. With all the ongoing hype around the search for the iPad killer, or at least a worthy rival, the media focus naturally fell on the new 7-inch Android powered device. And while the Fire looks a cheaper less ambitious tablet at first sight, it might however prove to be a serious contender, maybe even more serious than more established competitors.

Yahoo, Google, Hulu & News Corp are Entangled in a Media Storm After the Dismissal of Yahoo CEO Carol Bartz

The sacking of Yahoo chief executive officer Carol Bartz sparked a wave of conflicting reports and expert analysis on the company‘s future. The news of Bartz’s firing was first broken by Kara Swisher and came as no surprise to industry insiders as Yahoo had been struggling since her appointment. Kara also wrote in a later post, quoting a source close to the company, that while the sale of Yahoo was the least likely option, "It is all on the table." 

Experts rushed to predict and analyze potential suitors for Yahoo. Business Insider’s Nicholas Carlson reported that ‘The On-Again, Off-Again Between Yahoo And News Corp Is Officially On-Again,’ claiming that “Yahoo executives and board members are not be opposed to the idea...