Starbucks to improve its baked goods – purchases artisan bakery, La Boulange

Starbucks got the coffee right. Now, it is trying to do the same with the food. The world’s largest coffee chain announced on Monday plans to acquire for $100 million a small artisan bakery chain, Bay Bread and its 19-unit La Boulange bakery brand. The move comes just months after Starbucks (SBUX) purchased the tiny …

Why Facebook bought Instagram – from Om Malik and Robert Scoble

Both Om Malik and Robert Scoble make interesting points, Facebook paid double for what many considered Instagram to be worth and Facebook desperately needs help with mobile devices. From Om Malik: A few days ago Instagram was rumored to be valued at $500 million. A few months ago it was $300 million. Its last round …