Facebook likes Instagram. That's the top of our business news.
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INSKEEP: And they did more than just click the little thumbs up. Facebook is buying the photo application Instagram and the price is higher than it has ever paid for an acquisition - $1 billion; this for a company with only around a dozen employees. As somebody joked yesterday, why didn't they just download it?
As NPR's Laura Sydell reports, some analysts say the purchase is a defensive move.
Moving on to another billion dollar tech deal, Microsoft has agreed to pay AOL over $1 billion for hundreds of patents. Microsoft outbid several rivals, including Amazon and eBay, in a deal which saw AOL's stock price jump by over 40 percent. The over 800 patents include internet search, email and customized advertising and are seen as a push by Microsoft into the lucrative smartphone and tablet market.
Several Web browsers, including Mozilla's Firefox, enable users to request additional privacy online via a "do not track" button. But there's no consensus on how much privacy the button should offer users.
Government regulators in the U.S. and Europe are putting pressure on the online advertising industry to adopt a new Web browser option called "do not track." The option is designed to let people request more privacy from the websites they visit.
But there's no consensus yet on how much privacy users should expect. An Internet industry task force convenes Tuesday in Washington to try to hash that out.
Some browsers, like Internet Explorer, Safari and Firefox, already come with a "do not track" button. Other browsers are expected to add the feature soon.