Feeds

Instagram-owner Facebook emits in-house camera app

And yes, it has colour filters

Internet Security Threat Report 2014

Facebook has launched a new Instagram-like mobile camera app via Apple's iTunes store.

The social network, which inelegantly plonked itself on the Nasdaq a week ago, said in April that it planned to buy photo-sharing startup Instagram in a $1bn cash-and-stock deal.

Observers considered the proposed buyout of that app to be a defensive move by Facebook. Now it turns out that the site's engineers had been beavering away at their own in-house version of an online photo-sharing application for months.

The free app, brashly dubbed Facebook Camera, landed on Apple's online software store yesterday.

One of the neatest things about the app is that users can share multiple photos on Facebook rather than having to post them one by one. It also has a photo editor bundled in. And yes, just like Instagram, Facebook Camera offers photo filters.

This is the latest app released by Facebook for the iPhone and comes off the back of its wobbly initial public offering (IPO). Ahead of that, the web biz had disclosed that it hadn't pulled in any revenue from the nascent mobile market.

That's a fact which undoubtedly affected Facebook's subdued IPO.

Its CEO Mark Zuckerberg revealed earlier this week in a US Securities and Exchange Commission filing that he had offloaded 30.2 million shares in his company at $37.58 a pop, earning the Facebook co-founder about $1.1bn - a move that led some critics to suggest that the 28-year-old boydroid was cashing in some of his chips before Facebook's stock dwindled.

Zuck will spend most of that money, however, on a gigantic tax bill.

Meanwhile, Facebook stock appears to be stubbornly sticking to about $32 to $33 a piece. And, a week on, Zuckerberg has been greeted with a variety of lawsuits from angry shareholders who claim the Facebook boss failed to warn investors of the company's stuttering growth forecast. ®

Zucknote

Apparently, Zuckerberg's miffed mob of shareholders have coined the term "zucked" to explain exactly how they feel about the young copper-haired Web 2.0 adman.

It's The Register's duty to point out that this scribe used that term way back in December to describe how Facebook's users had been "zucked dry".

Providing a secure and efficient Helpdesk

More from The Register

next story
Bono apologises for iTunes album dump
Megalomania, generosity and FEAR of irrelevance drove group to Apple deal
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
'Cowardly, venomous trolls' threatened with TWO-YEAR sentences for menacing posts
UK government: 'Taking a stand against a baying cyber-mob'
Arab States make play for greater government control of the internet
Nerds told to get lost in last-minute power grab bid at UN meeting
Zippy one-liners, broken promises: Doctor Who on the Orient Express
Series finally hits stride, but Clara's U-turn is baffling
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.