Morning Edition

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STEVE INSKEEP, HOST:

Facebook likes Instagram. That's the top of our business news.

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INSKEEP: And they did more than just click the little thumbs up. Facebook is buying the photo application Instagram and the price is higher than it has ever paid for an acquisition - $1 billion; this for a company with only around a dozen employees. As somebody joked yesterday, why didn't they just download it?

As NPR's Laura Sydell reports, some analysts say the purchase is a defensive move.

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RENEE MONTAGNE, HOST:

Moving on to another billion dollar tech deal, Microsoft has agreed to pay AOL over $1 billion for hundreds of patents. Microsoft outbid several rivals, including Amazon and eBay, in a deal which saw AOL's stock price jump by over 40 percent. The over 800 patents include internet search, email and customized advertising and are seen as a push by Microsoft into the lucrative smartphone and tablet market.

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STEVE INSKEEP, HOST:

It's MORNING EDITION from NPR News. I'm Steve Inskeep.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne.

We're going to spend this part of the program in Tulsa, Oklahoma, where a deadly shooting spree in a black neighborhood has revived memories of a long ago race riot.

INSKEEP: First, we have an update on the news here. Police in Tulsa confirm that the two men accused of shooting five black people and killing three confessed shortly after they were arrested on Sunday.

Carole King has an armful of Grammy Awards and countless Top 10 hits, both under her own name and as a songwriter for artists from Little Eva to the Monkees to Aretha Franklin.

Her solo album Tapestry spent 15 weeks at the top of the charts, becoming one of the biggest-selling records of all time. King managed to fit in all those hits by starting very, very young. She tells NPR's Renee Montagne that she was just 15 when she and some classmates formed a doo-wop group called the Co-Sines.