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Facebook gets official OK to issue stock in Instagram deal

Facebook has been officially cleared to start issuing stock for the Instagram acquisition.

A fairness hearing, the last hurdle for Facebook before it could move forward with its Instagram deal, concluded today with the expected approval, a Facebook spokesperson has confirmed.

No other details were released.

The Federal Trade Commission issued a statement last week that it had concluded its investigation. Today's fairness hearing allows Facebook to bypass federal registration, which can cost companies hundreds of thousands of dollars.

The Instagram acquisition was once valued at $1 billion in cash and stock. With Facebook's stock price at $19 … Read more

Create a collage from your iPhone photos with Mixel

iPhone users are always looking for ways to show off their photos and make them look fancier than they really are. Whether it's through Instagram, Hipstamatic, or one of the various frame apps. Well, I have a new app for you to try. It's an app trying to make it easy for iPhone users to create a collage in a matter of minutes.

Mixel (free)Apple iPhone 4S - 16GB - white (Verizon Wireless), a recent addition to the App Store, allows you to quickly make a collage out of photos stored on your iPhone, or imported photos … Read more

Instacube: A digital photo frame for Instagram hipsters

Once-hot digital photo frames are now relegated to the holiday gift sales section at department stores. But the digital frame may be about to get its groove back thanks to Instacube, an Instagram-specific display.

The bigger-is-better concept is alive and well with this Kickstarter project. The squared-off Instacube streams your Instagram photo feed in a much larger format than you can view on your little smartphone screen.… Read more

Facebook cleared to acquire Instagram

The Federal Trade Commission has cleared Facebook's proposed purchase of mobile photo-sharing app Instagram.

FTC commissioners voted unanimously to close the agency's investigation into deal, once valued at $1 billion in cash and stock, the agency said in a statement. With Facebook's stock price at $19 a share, half of what it was when it went public, the deal is now worth about $747.1 million.

"We are pleased that the Federal Trade Commission has cleared the transaction after its careful and thorough review," a Facebook spokesperson wrote in an e-mail. Instagram representatives did not … Read more

The 404 1,114: Where we'll take the cash, thanks (podcast)

- Leaked from today's 404 episode:

- Instagram just lost $300 million, here's why.

- Angry Birds and Green Day partner for new Facebook game.

- Get your financial questions answered on Jill's podcast, Jill on Money!

- Follow Jill Schlesinger on Twitter.

Bathroom break video: Game of Thrones theme song, as performed by a cat.… Read more

Quickly add usernames to comments in Instagram 3.0

Instagram comments and I have a love-hate relationship. On one hand, I love comments because they lead to some funny conversations and feedback regarding photos. On the other, I hate them because hardly anyone who uses Instagram realizes that in order to get alerted of a new comment on a photo other than your own, you have to be mentioned in the comment.

With a subtle tweak in the latest version of Instagram, on the iPhone at least, you can now quickly mention a username in a comment and ensure that they will see your comment or reply. (The Android … Read more

The 404 1,113: Where there's a ghost in the wires (podcast)

Leaked from today's 404 episode:

- Restaurant offers a 5 percent discount to eat without your phone.

- China is building an army of noodle-making robots.

- Melky Cabrera (SF Giants) created a fake Web site to explain failing drug tests.

- Infrared palm scanners at elementary school are the Mark of the Beast.

- Teenager uses fake ID with picture of Bobby Hill to buy alcohol at six different shops.… Read more

Rich Kids of Instagram: What's not to love?

It's something lottery ads often ask: what would life be like if you were rich?

They show ordinary people blowing their money on improbable amusements and we all dream and laugh along.

Yet when the real thing comes by -- real rich people blowing their money on improbable amusements -- we become King Tut-Tut.

This rather unhip hypocrisy comes to mind on considering Rich Kids of Instagram. Should you have missed this cultural icon, it depicts the excesses of the young, restless, and loaded as they sail through life on a hull made of $100 bills.

Some have describedRead more

Share photos taken by you and your friends around the world with Instagram

Instagram has skyrocketed in the mobile photography scene with its fresh set of photo filters, friendly user interface, and social integration. Instagram is a photography app that allows users to take photos and share their snapshot moments in a social stream.

After taking a photo, you can edit pictures with a variety of effects to create an artistic snapshot at the touch of a finger. The app comes with a rich collection of preset filters to give various effects like old-school vintage colors, grainy black and whites, vibrant retro effects, and more. You can also tag and add captions to … Read more

Facebook finally deletes the deleted

The top tech headlines for this photo-fun Friday:

Ustream will soon launch an app that lets you stream live video to your Facebook page. Called BFF (Broadcast for Friends), it'll be available in the coming days on Android and Apple devices.

Facebook has found an answer to the photo deletion issue that Ars Technica uncovered three years ago. The problem: Once you deleted a photo, it could still be found if you had the original URL. But now, Facebook says when you delete a photo it will be gone within 30 days. Ars Technica reported that it saw photos … Read more