Yahoo plans to acquire Mike Krieger and Kevin Systrom's Artifact for an undisclosed sum; Yahoo is buying the news app's tech, not the team (David Pierce/The Verge)

David Pierce / The Verge:

Yahoo plans to acquire Mike Krieger and Kevin Systrom’s Artifact for an undisclosed sum; Yahoo is buying the news app’s tech, not the team  —  Instagram’s co-founders built a powerful and useful tool for recommending news to readers — but could never quite get it to scale.