WhatsApp Founders Become Billionaires

WhatsApp cofounders Jan Koum and Brian Acton are Silicon Valley's newest billionaires thanks to a $19 billion deal with Facebook.

To those who didn't land the job, take heart. These are tweets from a fellow who applied but was rejected for jobs at both Facebook and Twitter. Four years later, and he sells his company WhatsApp to FB for $16 billion in cash and stock, plus another $3bil in restricted stock. Everyone loves a good comeback story.

Cyber attacks hit Twitter and New York Times

NEW YORK CITY, August 28, 2013 (AFP) - Twitter and The New York Times were hit with cyber attacks on Tuesday, with credit quickly claimed by a group backing embattled Syrian strongman Bashar Al-Assad.

The Syrian Electronic Army, ironically, used Twitter to tout its efforts to take down the globally popular one-to-many messaging service and the Times news website."Media is going down," a message at the SEA Twitter account proclaimed. "Twitter, are you ready?"

Instagram under fire for plan to use people's photos in adverts

Photo-sharing social network Instagram has come under fire for new 'terms of service' which allow it to use people's own photos in adverts, without paying them.

Photo-sharing social network Instagram has come under fire for new 'terms of service' which allow it to use people's own photos in adverts, without paying them.

The new terms of use have been described as a 'suicide note' by Clayton Cubitt, a New York-based photographer.

Twitter users have expressed outrage - "Good bye instagram. Your new terms of service are totally stupid. Good luck playing with the big boys," said one.

The new terms of use - a legally binding document which is 'agreed' to by all users of the site - allow Instagram to use photographs in advertising, without warning users.