April 10th, 2012
06:44 PM GMT
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Editor’s note: The Millennials are a generation that are constantly plugged in and moving fast to make their mark on the world. CNN’s Quest Means Business is tracking four of them. In this guest blog, Millennial Joe Braidwood questions Facebook's $1 billion purchase of Instagram.

(CNN) - Yesterday Mark Zuckerberg casually penned 352 words on his Facebook Timeline to let the world know that he’d agreed to buy the popular photo-sharing app Instagram.

My first reaction was that this was a great move - photos are the most shared content on Facebook, and injecting some great engineering and vision into that part of their product portfolio, while also acquiring a big community of passionate users, makes perfect sense.

Then I read the price on VentureBeat - $1 billion in cash and stock. No, must be a typo. I checked TechCrunch. One billion.  FULL POST

April 10th, 2012
09:54 AM GMT
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(Image credit: Getty Images)

(CNN) – Troubled Japanese electronics giant Sony says expected losses for the year ended March 31 will be more than double earlier forecasts.

In a statement Tuesday, Sony said it would lose 520 billion yen ($6.4 billion), compared to the 220 billion yen ($2.7 billion) it predicted in February. FULL POST

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Filed under: BusinessJapan

April 10th, 2012
03:57 AM GMT
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Future Cities continues to explore why Vancouver continually tops the liveability index charts, this week looking at the city’s commitment to local food production. We meet the urban farmers who are growing tons of food in tiny spaces, all part of Vancouver’s ambition to among the most sustainable cities in the world.

Filed under: Future Cities

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