Mike Isaac

Recent Posts by Mike Isaac

Instagram Acquires Video Sharing Startup Luma

Luma, a video capture and sharing service, announced Friday it has been acquired by Instagram. Terms of the deal, which was first reported by TechCrunch, were not disclosed. The company plans to shutter the service as a result of the acquisition; users will have until December 31 of 2013 to download their videos from Luma. A Facebook spokeswoman confirmed the deal.


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald