Lightbox – Sold to Facebook

Continuing its expansion in all verticals, Facebook recently acquired another Photo Sharing Service (App) called ” Light Box” .

Service users were informed about the news through a blog post from the Founder of Light box.

We started Lightbox because we were excited about creating new services built primarily for mobile, especially for the Android and HTML5 platforms, and we’re honored that millions of you have downloaded the Lightbox Photos app and shared your experiences with the Lightbox community.

Today, we’re happy to announce that the Lightbox team is joining Facebook, where we’ll have the opportunity to build amazing products for Facebook’s 500+ million mobile users.  (Read more)

If you curious about Light Box,  this video below can help you get a quick view.

New Acquisition @ Facebook : Gift-Giving App Karma

Facebook continues its strategy of acquisitions by getting another popular app- Karma under its belt.  The company recently released its updated version on May 8th 2012; is based on the core philosophy of “Social Gifting”.

Karma lets you send a thoughtful gift from anywhere, at anytime.

 

 

The way Karma works is pretty simple, Using the app, you can browse through a virtual storefront to pick out a gift. Karma has partnered with companies including with Hulu, Gund, MoMa and Spotify –- so there’s a pretty decent selection of gifts.  (Mashable)

It seems Social gifting is going to get more focus,  although Karma is not the only player mixing Social & gifting but defiantly integration with Facebook just means more close execution.  Here’s what Karma’s Executives announced through blog about the acquisition.   http://blog.getkarma.com/