It isn’t a $1 billion Instagram deal, but Facebook has acquired the team at mobile social book marking site Spool. Facebook doesn’t appear to be acquiring any of the Spool mobile product itself, and Spool will shut down its own service. Read more »
Facebook is buying Chai Labs, a small startup founded by the former product manager and launch engineer for Google AdSense that makes a content management system for publishers in the travel, local, shopping and entertainment verticals to help them algorithmically create interesting content. Read more »
