Silicon Valley is one of the few places where a 27-year-old Web entrepreneur can parlay a photo- sharing application with no known source of revenue into $1 billion — in two years.
Evidence of that came yesterday, when Facebook Inc. announced plans to buy Instagram, a startup co-founded in 2010 by Kevin Systrom, a Stanford University graduate and former Google Inc. employee.
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USA is boiling after the death of Trayvon Martin. He was fatally shot Feb. 26 in Sanford, Fla., by neighborhood watch captain George Zimmerman. Mr. Zimmerman, armed with a 9 mm pistol, pursued someone he described to police as a suspicious “black male” wearing a hoodie. What happened isn’t exactly known, but there was some kind of altercation, and Trayvon was shot and killed. The teen was unarmed and was returning to his dad’s fianceé’s house after a trip to a local convenience store, where he’d purchased a bag of Skittles and an iced tea.