Photo-messaging application Snapchat turned down a $3 billion-plus acquisition offer from Facebook last month, and now the company poached Instagram Director of Business Operations Emily White, who was named its new chief operating officer, AllThingsD reported.
The cover of the Oct. 28 issue of Fortune features a look at “The Real Story” behind Facebook Chief Operating Officer Sheryl Sandberg, and in the magazine’s profile, Facebook board member Marc Andreessen discusses how “Sheryl” has become a job title.
The inevitable has drawn closer: Facebook-owned photo-sharing network Instagram confirmed that it will begin introducing advertising into its feed “in the next couple of months.”
Facebook-owned photo-sharing network Instagram now boasts more than 150 million monthly active users, and if Director of Business Operations Emily White gets her way, Instagram will soon be able to boast about generating advertising revenue, as well.
A California teenager created a mobile app for The Home Depot, won $10,500 in a contest, and impressed a Facebook official enough to earn an internship with the company. However, Business Insider reports that the recent high school graduate is so heavily recruited that she’s weighing her options.