Social Media Newsfeed: Facebook Acquisition | Twitter Stock Slide

Facebook's acquisition of Little Eye Labs is official. Twitter stock continues to plunge. These stories, and more, in today's Morning Social Media Newsfeed.

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Facebook Officially Acquires Little Eye Labs (AllFacebook)
Facebook’s acquisition of Bangalore-based startup Little Eye Labs — which was originally reported in early December, with more details emerging later that month — is now official. The social network’s acquisition of the creator of performance-enhancing tools for Android developers marks its first transaction of that sort in India, and Business Standard reported last month that talks between the two companies were facilitated by software product think-tank Indian Software Products Industry Round Table.

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