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Old 16-07-2012
Join Date: Dec 2004
Posts: 419
Facebook buys Spool - a mobile bookmarking service

Facebook announced that it has purchased Spool, a California startup editing service of mobile reading and application, for an undisclosed price.

Unlike Instagram that continues to grow and has accelerated its development since its purchase, Spool recently announced its outright closure. Users have received their message as an attachment in an email inviting them to turn to a competing service, such as Pocket, which has set up an import tool for the occasion, or the pioneer Instapaper, which does not support video.

All these services allow you to download articles or videos on smartphone found online and by using a bookmarklet, users can then view them offline in a version adapted to the mobile, for example as an eBook for articles.

Facebook, for all this reasons, has actually hired a service speaking, "a team with deep expertise in software development and a passion for making the content easier to consume". The Facebook spokesman also said:"We are excited that the team is accelerating its vision in Facebook."

Spool's team also says that "to facilitate consumption on mobile devices is increasingly important as the world accesses the Internet primarily on mobile devices." This suggests that Facebook will exploit the "sophisticated technologies" which will be presented by Spool with content shared on the social network.

Facebook prepares an overhaul of its applications for mobile, embodying its main growth, in which the redemption of Spool fits perfectly.
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Old 16-07-2012
Join Date: May 2009
Posts: 2,839
Re: Facebook buys Spool - a mobile bookmarking service

There are several reasons to buy a startup (or, more generally, a company): the acquisition of technology, investment in the promise of high growth, or the purchase of prevention is obviously done to block the acquisition of the start-up by a competitor. Facebook is a little on the same trend, and has even invented a new concept of business acquisition: hiring acquisition as disguised, and then simultaneous closing of the same.
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