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ExclusivePodcast - 11th April 2012

There are two billion-dollar deals in this week's show, with Facebook acquiring Instagram and AOL selling hundeds of patents to Microsoft. In addition, we discuss the rest of the mobile industry headlines - from security to virtual reality.

ExclusiveOver 118 million tablets expected to be sold this year

Figures from Gartner forecast that worldwide media tablet sales will total 118.9 million units this year, a 98% increase from last year’s end-user sales of 60 million units.

Apple iPad devices are expected to account for 61.4% of all tablet sales (73 million tablets) in 2012. Android follows with 31.9%; just under 38 million tablets.

ExclusiveFacebook to acquire photo sharing service Instagram

Facebook has agreed to acquire photo sharing service Instagram. Two-year-old Instagram offers iOS and Android apps for taking photos, adding effects and then sharing the results online.

Instagram is expected to continue as an independent application.

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