Friday, September 28, 2012; 8:40:29 AM Eastern
Twitter may need a Plan B
- Sometimes the products of acquired companies fade away, but that's not happening with Instagram, bought by Facebook for $1 billion last summer. "Instagram has a greater pull than Twitter on mobile devices" says the latest Comscore report, according to Fast Company.
- Problem for Twitter, with their current developer program, they're shutting down Instagram's photo sharing competitors. Which means there will be little opportunity for a challenger to rise, giving Twitter something to acquire -- assuming their own photo sharing service fails to topple Instagram. Which clearly is not what's happening.