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How Long Before Facebook Writes Off Its $1B Purchase of Instagram?

Kevin Systrom's smartest move was to sell Instagram to Facebook early, before having to deliver even an iota of revenue. My prediction is that we’ll look back on Facebook's acquisition of Instagram as a bust—much in the same way we now view News Corp.’s purchase of Myspace, AOL’s purchase of Bebo, and Excite@Home’s purchase of Blue Mountain Arts.

 

Betting on News, AOL Is Buying The Huffington Post

Betting on News, AOL Is Buying The Huffington Post

The deal would give AOL a major presence in journalism, demonstrating the company’s intention to rely more heavily on online advertising.

Senh: That's great for The Huffington Post, although they're not exactly a content site. I wonder Drudge thinks of this. HuffPost is really just Drudge Report with editors for for different categories.

 

Report: AOL, buyout firms mulling bid for Yahoo

Report: AOL, buyout firms mulling bid for Yahoo

Yahoo's inability to snap out of a financial funk may be about to turn the Internet company into a takeover target for the second time in less than three years.

 

AOL in Talks to Buy TechCrunch Blog

AOL in Talks to Buy TechCrunch Blog

AOL has been in talks to acquire technology blog TechCrunch, according to a person familiar with the matter.

Senh: Looks like the deal finally got signed by both parties for about $25M.

 

AOL Close to Selling Bebo

AOL Close to Selling Bebo

AOL is near a deal to sell the Bebo social-networking site to Criterion Capital Partners for a fraction of the price it paid two years ago to buy it.

Senh: That's the problem with social networking sites. If you're just relying on online ads, it's really tough because click-through rates are really low for social networking sites. Users on social sites just don't click on ads, as compared to content sites.

 

AOL Likely To Acquire Mashable, World's Largest Tech Blog

AOL Likely To Acquire Mashable, World's Largest Tech Blog

AOL is currently in talks to acquire Mashable, the world's largest technology blog. A sale to the content-obsessed internet company would mean Mashable's 24-year-old founder Pete Cashmore really would have everything.

 

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