Instagram users, tired of waiting for the app’s creators to make a photo-sharing website, have started Webstagram. The site collects users’ photos from their phones with commenting and sharing options, and also features a Photo of the Day section chosen from a pool of photos with the #photooftheday hashtag.

Today a new press release from Apple announced Final Cut Pro X, a new version of their video editing software. The key feature of this new release is the Magnetic Timeline, an intuitive trackless editing system that slides clips to the side and allow the user to drop in new clips wherever desired. The other new feature is Content Auto-Analysis, which uses tags to help sort and search footage based on type of shot, type of media and number of people in the frame.

Final Cut Pro X is available in the Mac App Store for $299.99.

Apple has filed to acquire trademarks for Airdrop and Photo Stream. Airdrop is a program that allows wireless file-sharing without a Wi-Fi network, and will be released as a feature of Lion. Photo Stream will be part of iCloud services, allowing users to share their photos with all their devices instantly without syncing.

[Patently Apple]
[9to5Mac]

A new service from Decide.com tells consumers when to buy, and when—and why—to wait on a new purchase. The service has been a secret while in the works for the past year and a half, but today Decide revealed their new electronics shopping service. Currently Decide only advises on TVs, laptops and cameras, but TechCrunch reports that more electronics will be added to the site later this year.

After being bought by Microsoft, Skype is rumored to have fired senior executives to reduce their payout before the deal’s close. Bloomberg reports that the sources of this information wish to remain anonymous, because the dismissals are not public. Those let go include Vice Presidents David Gurle, Christopher Dean, Russ Shaw and Don Albert; Chief Marketing Officer Doug Bewsher; Anna Gillespie, the head of human resources; and two executives, Ramu Sunkara and Allyson Campa.

Facebook, combining services with Spotify and others, plans to bring music to its users in an interface fully-integrated with their main services. Gigaom reports that the feature will likely include a Music tab where users now find Photos and Friends, which will lead to a Music Dashboard. Facebook’s music playback, run through companies like Spotify with Facebook Connect, will follow the user through their browsing just like the Facebook Chat function does.

Pulse has raised $9 million in funding as they have just hit 4 million users. Pulse is a social and visual news reader company that has apps available on the iPad, iPhone, and Android.