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 has acquired the group photo-sharing site Divvyshot, a three-person team that will shut down its product and work on Facebook Photos as engineers. Divvyshot was a beautiful product that launched to the public in February after participating last year in the Y Combinator program. Read more »
