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Instagram acquires Luma

Instagram acquires Luma a video sharing App

Instagram has just made its first acquisition, Luma. Luma is a video stabilization and sharing App. Sources have told TechCrunch that Luma is in fact already in use in the Instagram App, the stabilization function for example was integrated in June and could possibly be Luma's technology. Facebook has officially confirmed that Instagram has acquired Luma…

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Telegram sees huge increase in users after Facebook acquires Whatsapp

Right after Facebook announced it had acquired the instant messaging app WhatsApp for a mind blowing $19 billion dollars, IM app Telegram which launched back in August 14, 2013 and is currently available on Android, Windows Phone, iOS (Including iPad's and iPods) and even on desktop making it a true cross-platform compatible app saw a huge…

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