Booting Up: Instagram Is Soon Going to Be Inundated With Ads
150 million people are using Instagram each month, with about half of those photos being a cocktail pressed against a sunset. Now the app is seeking advertisers to capitalize off it. [Wall Street Journal]
Spotify lost $ 177 million last year so of course the streaming service thinks it’s worth a $ 5.27 billion valuation. []
Could millennial’s relationship with Tinder be on the rocks? Usage of the app from people aged 18 to 24 decreased 20 percent since the beginning of the year. [Bloomberg Businessweek]
Everyone can shut up about Amazon releasing a free smartphone because it’s not happening. *side eye* [The Verge]
Michael Wolff <3′s Kara Swisher. [USA Today]