Far from the strict hierarchies and closed-door policies of the past, Shutterstock found that giving employees the freedom to pursue entrepreneurial passions was the key to bringing innovation back to the company.
A clever deal between the social network and one of the leading online stock photo libraries means more choice of images and less hassle creating ads for small businesses. Which should mean more money from advertising for Facebook.
Ok, stock photography isn't exactly the most thrilling topic, but the truth is, this industry is making some serious money. Which is why today's news of Shutterstock purchasing BigStockPhoto is worth noticing.