What? You didn’t hear? Facebook just acquired the photo-sharing app Instagram for, like, a billion dollars.
Meanwhile: Who are the most poachable players in tech? Betabeat has 27 suggestions for recruiters.
Who are 25 next-gen businesspeople to know in Asia? Fortune has you covered.
Cash-strapped AOL dumps its patent portfolio for $1.1 billion.
The Empire State’s IPO set-up has some of its investors feeling rankled.
Blackstone’s credit arm is now bigger than its private equity and real estate units.
Avon gets a new CEO.
Another Monday, another lawsuit care of activist investor Carl Icahn.
Manhattan’s tallest residences.
The making of the Rolling Stones’ song “Sympathy for the Devil.” (H/T: Paul Kedrosky)
Kristin Wigg on rumors that she’s leaving SNL at the end of this season.
Are we just hungry or do these look delicious?