Did you know that big tech companies like Google or Facebook acquire promising startups not only to get their ideas and products, but also to take over the brilliant people that created them. For example, Facebook’s acquisition of Oculus Rift allowed them to hire John Cormack, a pioneer in 3D game programming. In 1996 Apple paid a ridiculous $429M for Next mainly to get Steve Jobs back on board!
DID YOU KNOW: Facebook’s offer to WhatsApp for $19 Billion was only the fourth largest acquisition bid of 2014. Find out the top three acquisition bids of the year below.
Discover some of the largest acquisitions, the reasons behind these acquisitions and learn from what made them great and what made them fail below.
Provided by financesonline.com
UPDATE ALERT! The Facebook for iOS update hit iTunes yesterday allowing users a few desktop options like editing posts and adding photos via their iOS device. Although the latest version doesn’t add a laundry list of updates to the Facebook app, there are a few app additives that are worth the click.
Facebook iOS update in a nutshell:
- Add photos and emoticons to your comments.
- Edit your posts and comments through the app (Note: a label indicating that the post has been edited will appear).
- Access privacy shortcuts by simply tapping the lock by your name on the main menu.
A universal app designed for the iPhone/iPod touch and iPad/iPad mini, Facebook can be downloaded now in the App Store for free.
The last update to the social networking app came right after the official introduction of iOS 7 in September. Version 6.5 of the app brought a new menu bar for users of the latest version of iOS.
What do you think? Will you be downloading the latest Facebook iOS update today?