Instagram For Android Coming Soon, Gowalla Now Really Gone, Rumor: CNN To Buy Mashable

Breaking news from your editors at Fast Company, with updates all day.

Apple iPad Pre-orders Sell Out. Less than a week after Apple announced its new iPad, pre-order stock of the new device has run out. The earliest shipping date for web-bought iPads has been pushed back to March 19, and online purchases have been limited to two per person. A rare acknowledgement of its record sales, Apple even told USA Today that customer response had been “off the charts.” —NS


–Updated 7:40 a.m. EST

Larry King To Host Internet TV Show. Legendary TV host Larry King is coming out of retirement to run a talk show on a new web-based TV network. Ora.TV, bankrolled by Mexican billionaire Carlos Slim Helú, is based in New York City and plans to launch early this year. —NS

–Updated 7:30 a.m. EST

NATO Chief Targeted In Facebook Scam. Hackers have targeted NATO chief Admiral James Stavridis on Facebook, posting knock-off Facebook profiles of the chief hoping to get in touch with his friends and family. Security companies who have carried out an early reconnaissance of the scams say they originated in China. —NS

–Updated 6:52 a.m. EST

Instagram For Android Coming Soon. Makers of the hit iOS app Instagram are nearly done with what Instagram founder Kevin Systrom says is a winner of an Android app. The company teased a preview of the app at a demo held at SXSW in Austin, and promised the Android addition was “coming soon.” Even pre-Android, Instagram has 27 million users and has an estimated value of $500 million. —NS


Gowalla Now Really Gone. Location startup and one-time Foursquare competitor Gowalla has shut down, according to a so-long message on the company homepage, three months after Facebook acquired it, and three years since its launch. Pictures and information that Gowalla users had uploaded to the site will be ready to download shortly, Gowalla says. —NS

Rumor: CNN To Buy Mashable. CNN may buy technology news site Mashable for $200 million, sources have told Reuters. If Pete Cashmore and CNN officials are in fact talking about a merger, the move will be consistent with CNN’s recent focus on aggregation (following its acquisition of magazine app Zite), yet another instance of old media leaning on the new to keep up and stay current. —NS

–Updated 5:45 a.m. EST

[Image: Flickr user Leah Gregg]

Friday’s Fast Feed: Facebook Launches Lists, Dropbox Reorganizes Website, Raspberry Pi Delayed, and more!