Yahoo Tumblrs for Cool: Board Approves $1.1 Billion Deal as Expected

Done (just like we said).
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The Money Shot: Kara Swisher on Instagram’s Billion-Dollar Ride in Vanity Fair

There’s no picture of the moment when everything changed for Kevin Systrom.
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Growth, Mobile and More: Facebook’s First-Quarter Earnings

Hopefully Zuck wants to talk about the explosive growth in mobile ad revenue.
Facebook CEO Mark Zuckerberg at the Facebook Home launch event.

Facebook Photo Phenom Instagram Gets a Business Lead to Scale Its Operations (and Presumably Revenue)

Is it time to make some dough from the billion-dollar deal?
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Google Glass Will Disrupt Social Media With Too Much Data

When there is too much information, aggregators and hosts look for ways of slowing down the stream.
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Instagram Surpasses 100 Million Active Users

A new milestone for the popular photo-sharing application.
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After Two Years of “Mobile First,” Instagram Brings Its Feed to the Web

Mobile first, Web second.
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Instagram Walks Back Ad Language, but Leaves the Door Open

Back to the drawing board. But do remember to look at the original drawing board – it had plenty of white space.
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The LeWeb Conference Sold to Reed Midem