Facebook buys Instagram photo app for $1 bn Facebook announced Monday that it made a billion-dollar-deal to buy the startup behind wildly popular smartphone photo sharing application Instagram.
BP reaches $7.8 bln partial settlement in US oil spill trialBP said Friday it reached a $7.8 billion deal to settle claims from fishermen and other private claimants affected by the Gulf of Mexico oil spill ahead of the start of a blockbuster US trial.