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Instagram, Facebook, And The New Zero-Revenue Acquisitions

Six other businesses that were acquired for millions before they ever made much, if any, money. READ MORE

7 Social Networks Obama And The GOP Hopefuls Should Definitely Join

When President Obama showed the power and potential of Facebook, Twitter, and YouTube in 2008, every politician and their chief of staff's mother jumped on the social media bandwagon. Yesterday Obama joined Instagram. Here are several other networks he--and his rivals--should be on.READ MORE

How Google+ And Other "Little Versions Of Facebook" Solve Social Media's "Big" Problem

Google+ guru Bradley Horowitz, Path's Dave Morin, and GroupMe's Jared Hecht talk to Fast Company about "the biggest problem in social networking"--grouping the right friends in the right ways. READ MORE

Skype's Acquisition of GroupMe Gives Microsoft A Social Life

Skype plans to acquire popular group-messaging service GroupMe for a rumored $85 million. But more important than how GroupMe will benefit Skype is how it will benefit Microsoft, which is in the process of acquiring Skype for $8.5 billion.READ MORE

Twitter's Photo Galleries, India's $99 Tablet, Skype Buys GroupMe, Apple Outsells Lenovo In China, Amazon Hints At Tablet

This and more important news from your Fast Company editors, with updates all day.READ MORE

Fring Launches Group Video-Chat App For The iPad

Group texting is certainly popular; Fring hopes to make group video chatting just as ubiquitous. READ MORE

Can Facebook Groups Support Its Deals?

Facebook has only seen 50 million Groups created after six months. CEO Mark Zuckerberg has called grouping friends "the biggest problem in social networking." This is the secret sauce in Deals?READ MORE

Jack Dorsey's Re-Tweet, Radiohead's Newspaper, eBay's Billion-Dollar Spending Spree, Facebook Prof, and more...

Welcome to Fast Feed, the Fast Company reader's essential source for breaking news and innovation from around the web--bite-sized and updated all day.READ MORE

GroupMe the Winner at SXSW

After spending a couple days at SXSW, my theory that there's a social app for everything is confirmed. While 99% of these social apps seem to add to the chaos of online living, one stood out as simplifying things: GroupMe, a free service that facilitates group texting and allows users to maintain relationships in clusters as well as one-to-one communications.READ MORE

SXSW 2011 Highlight Reel: GroupMe, Privacy, and Getting "Zucked With"

GroupMe founders Steve Martocci and Jared Hecht joined Fast Company on stage to talk about the NYC startup scene, acquisitions, paying engineers, challenges of a noisy mobile market, plus Zuck and privacy. READ MORE

The Messy, Fragmented World of Group Messaging Apps

If SXSW serves as a barometer of hot trends in tech, then group messaging and texting apps are one of the hottest--even by Austin, Texas, standards. Are they worth the hype?READ MORE