Spoiler alert: Google doesn’t want to kill the web, there’s no profit in that.
Instagram’s First Acquisition is Video-Sharing App Luma (TechCrunch)
Instagram has made its first acquisition, buying both the team and technology of Y Combinator company Luma (formerly known as Midnox). Luma created a video-capture, stabilization and sharing app, which will be shut down soon.
YouTube Previews New Feature to Help Creators Interact with Top Fans (SocialTimes)
Wednesday afternoon at VidCon, YouTube previewed a new feature called Top Fans that sounds like it’s going to revolutionize the way that YouTube creators engage with their fans. The feature will make it easier for creators to engage with their most influential and engaged fans, as well as glean demographics about these fans to aid in potential collaborations and beyond.
Michele Catalano said she was at work when she received a call from her husband that “six agents from the joint terrorism task force” had pulled up outside their home to interrogate the family after receiving a tip that someone had been searching for backpacks and pressure cooker bombs online.
Facebook’s Revamped News Feed Aspires to be a Personalized Newspaper (AllFacebook)
In an effort to clean up the clutter, Facebook introduced a redesigned news feed Thursday. Co-founder and CEO Mark Zuckerberg, ironically enough, compared the company’s vision to that of a newspaper.
The question-and-answer platform Quora will leverage its extensive set of topics to host blogs, the company said today.
In a end-of-year blog post, Quora CEO Adam D’Angelo hinted that the question-and-answer platform will move into “other formats” in an attempt to bring more knowledge online and searchable.
Medium, the yet-to-launch publishing project of Twitter founders Ev Williams and Biz Stone, has hired “wunderkind” literary agent Kate Lee to serve as director of content.
From the minds of Twitter co-founders Evan Williams and Biz Stone comes yet another platform for curating and displaying content. Medium is still under wraps, but previews of the publishing platform show single-subject blogs that invite feedback and, eventually, contributions from readers.
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Twitter Founders Want to Reinvent Digital Publishing – Again (Mashable)
Twitter founders Ev Williams and Biz Stone want to shake up the digital publishing world with their latest venture, Medium. The pair, who also worked together on Blogger, announced the new platform Tuesday. GigaOM The new collaborative publishing tool lets people contribute as much or as little as they want to themed “collections” of content. The idea, the founders said in a blog post, is that people should be able to publish without “the burden of becoming a blogger” and worrying about developing an audience. The Next Web The platform has a grid-based layout and appears to fall somewhere between Twitter and Blogger as an option for content creators. The interface for photographs is especially gorgeous, taking up the full window with the image and relegating chrome to the corners of the screen. TechCrunch Anyone can read and give feedback on Medium entries now, with publishing access to roll out from friends and family to more people soon. To start, there are four collections. VentureBeat
The big question is, does the Internet have room for one more publishing platform? And if it does, is Medium the lucky one out of a sea of competing products? Read more