Feeds

$1bn for Instagram? Knock yourself out, Facebook - UK watchdog

Funnily enough, no one here will mind

Secure remote control for conventional and virtual desktops

The UK's merger and acquisitions regulator has cleared Facebook to snaffle up photo filter Instagram. Imagine the sighs of relief at the social network when the watchdog ruled that the $1bn acquisition won't affect competition.

The Office of Fair Trading said there was no need to refer the proposed deal to the Competition Commission for investigation. The details of the decision will be published in the next few weeks once the social network and the antique photo firm have had a chance to look at them.

Facebook's takeover of Instagram is now awaiting the green light from the Federal Trade Commission in the US, which has issued a second request to Facebook for further information.

Regulators are involved because of the size of the acquisition, and their probing could hold up the closing of the deal, which Facebook is hoping to finish in the second half of this year. ®

Intelligent flash storage arrays

Whitepapers

Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
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.
5 critical considerations for enterprise cloud backup
Key considerations when evaluating cloud backup solutions to ensure adequate protection security and availability of enterprise data.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Choosing a cloud hosting partner with confidence
Download Choosing a Cloud Hosting Provider with Confidence to learn more about cloud computing - the new opportunities and new security challenges.