markzuckerberg

Instagram NFT

This is What an NFT Looks Like on Instagram

Instagram has started testing NFTs and the company today has shared what that will look like. The feature will connect to a digital wallet, allow users to share digital collectibles, and automatically tag the creator and collector.

Facebook’s New Name is ‘Meta’

Facebook CEO Mark Zuckerberg has said that his company is renaming itself as "Meta" as it aims at a future in virtual reality, a place he has repeatedly referred to as the metaverse.

Photo Sharing is Big, Big Business: Instagram is Now Reportedly Worth $35 Billion

When Facebook agreed to acquire Instagram for $1 billion in cash and stock back in April 2012, the world balked at the price. Instagram was only a 17-month-old company at the time that had just launched on Android, and there was no income on the horizon.

Well, fast forward two years, and Facebook founder and CEO Mark Zuckerberg looks like a genius for making the deal: Instagram is estimated to be worth $35 billion now.

Snapchat Supposedly Turned Down a $3 Billion Acquisition Offer from Facebook

When Facebook spent the staggering amount of $1 billion on the Instagram acquisition, people the world over thought they were crazy for throwing that kind of money on an app that, at the time, hadn't generated any revenue.

Well, that acquisition turned out pretty well for CEO Zuckerberg, who has since allegedly turned his sights on Snapchat, only to have an even more ludicrous offer spurned. How much more ludicrous, you ask? Apparently, Snapchat recently turned down a $3 billion offer from the social media giant.

Instagram Allegedly Downplays Security Vulnerability

Sebastian Guerrero, an independent researcher in Barcelona says he's discovered a way to force friendship with any Instagram user -- private or public -- by exploiting an Instagram server-side vulnerability. In one case, Guerrerro forced Mark Zuckerberg to follow his test account. Then Guerrerro sent him a message through a photo post, which would show up in Zuckerberg's photo feed of people he follows. Guerrero also used a test account to follow a private user without the required approval from the private user.