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Social Media Newsfeed: Instagram Privacy | Apple-Foursquare Talks?

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Instagram Assures Users it Will Not Sell Their Photos (SocialTimes)
Tuesday morning tech blogs and social media lit up with users reacting to changes to Instagram’s privacy policies, which some users took to give the company permission to sell user’s photographs to advertisers. Instagram has taken notice and has issued a response reassuring users that it is not claiming rights to their photos.

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Facebook’s IPv6 Preparation | Skype For Xbox | YouTube’s Copyright Case

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Facebook Enables IPv6 For Developers May 18 (AllFacebook)
Developers will be able to begin tinkering with the IPv6 version of Facebook on May 18, to prepare for the Internet’s global upgrade to the broader set of addresses on June 6. Facebook Developer Blog Based on the results of last year’s IPv6 test, we are confident that enabling IPv6 on our platform will be a success. ZDNet For the uninitiated, IPv6 is a version of the Internet Protocol slated to succeed IPv4, which currently directs most Internet traffic, but is running out of addresses. IPv4 allows 2^32 addresses (about 4.3 billion) while IPv6 allows up to 2^128 addresses, and includes several other improvements. WebProNews Facebook will enable IPv6 access on beta.facebook.com. Read more

Facebook Buys Instagram | How OMGPOP Cashed In | Twitter’s Strong Ads

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Facebook Acquires Instagram for $1 Billion (SocialTimes)
Facebook has acquired the photo-sharing site Instagram for a reported $1 billion in cash and stock. “This is an important milestone for Facebook, because it’s the first time we’ve ever acquired a product and company with so many users,” wrote founder and CEO Mark Zuckerberg in a statement on his Facebook page. Instagram Blog Instagram CEO Kevin Systrom also addressed the deal on the company’s official blog. “The Instagram app will still be the same one you know and love. You’ll still have all the same people you follow and that follow you. You’ll still be able to share to other social networks. And you’ll still have all the other features that make the app so fun and unique.” The New York Times / Dealbook With Instagram, Facebook will get a formidable mobile player — an area that is seen as a weakness for the sprawling social network. Gizmodo Facebook’s impending IPO probably didn’t have much to do with its ability to purchase Instagram — it already had globs of cash — but might shade how it uses Instagram going forward. Meaning, it’ll have public investors to appease, so it’s going to need to justify spending a ton of money. Read more