Facebook is looking to monetize Instagram, said the company’s VP of global marketing solutions, Carolyn Everson, in an interview with Business Insider. Monetization, in all likelihood, means ads and other forms of sponsored content.
Vine has added sound and motion to the popular microblogging website, Twitter. Learn how to bring your information to life in our Vine webcast on Wednesday, June 19 from 4-5 pm ET. In this one-hour webcast, Gemma Craven (left), EVP, New York group director at Social@Ogilvy will discuss best practices for using the visual social platform and share some of her team's successful vine videos. Register here. 
Fortune released its 2010 40 Under 40 rankings Thursday, and technology and media are well-represented, with Andreessen Horowitz co-founder and Netscape Communications founder Marc Andreessen occupying the top spot, followed by Facebook co-founder and CEO Mark Zuckerberg, and a third-place tie between Twitter co-founders Evan Williams and Biz Stone.
Google co-founders Sergey Brin and Larry Page tied for fifth; News Corp. chairman and CEO, Europe and Asia James Murdoch was No. 8; Univision Networks president César Conde No. 12; Aol chairman and CEO Tim Armstrong No. 18; there was a three-way tie at No. 27 between Facebook vice president of product Chris Cox, VP of engineering Mike Schroepfer, and chief technology officer Bret Taylor; foursquare co-founder and CEO Dennis Crowley was at No. 29; Slide founder Max Levchin and Vevo president and CEO Rio Caraeff tied at No. 31; Google head of location and mobile services Marissa Mayer at No. 34; Hulu CEO Jason Kilar at No. 37; and Microsoft global head of advertising Carolyn Everson at No. 39.
The 2010 40 Under 40 rankings will appear in the Nov. 1 issue of Fortune, which will be on newsstands Monday. The full list appears after the jump:
