Facebook Buys Instagram for a Billion Dollars, Ron Paul 2012 Has No End in Sight, and What You Missed on Monday

From Facebook's purchase of Instagram to the next steps for the Ron Paul campaign, here's everything you missed on Monday:

(1) A grand jury will not look into the Trayvon Martin case, according to a special prosecutor on Monday, eliminating the possibility of a first-degree murder charge. A grand jury had been set to meet Tuesday in Sanford, Florida. Prosecutor Angela Corey said could still decide to charge Zimmerman with a serious felony such as manslaughter, which can carry a lengthy prison sentence if convicted. Read the full report here.

(2) Facebook announced Monday that it will pay a billion dollars to purchase Instagram, the popular social photography site started by two Stanford grads. The site has 30 million users who upload more than five million photos every day. Facebook bought the company in order to assist in one of its most urgent needs: making the site more appealing on smartphones. In early 2011, Mark Zuckerberg reached out to Instagram to discuss buying the company, but co-founder Kevin Systrom chose to keep it independent and focus on expanding it. At the time, Instagram had less than seven million users. Ny Times has more here.

(3) Mitt Romney pulled a negative TV ad from Pennsylvania "out of deference" to Rick Santorum, who is off the campaign trail today to be beside his sick daughter. Santorum's youngest daughter Isabella is 3-years-old and has trisomy 18, a genetic disorder that is typically fatal.  The Romney campaign alerted tv stations to swap out ads bringing up Santorum's huge Senate re-election loss in 2006 with a more positive ad about Romney. "We have done this out of deference to Sen. Santorum's decision to suspend his campaign for personal family reasons," Romney spokeswoman Andrea Saul said in a statement.

(4) According to the National Oceanic and Atmospheric Administration, last month was the warmest March ever recorded in the U.S. Temperatures in the 48 states were 8.6-degrees above normal for March and 6-degrees higher than average for the first three months of the year. Read about it here.

(5) Although he is losing money and super-PAC support, and last in the delegate count, Ron Paul told CBS' Bob Schieffer "I'm trying to save the Republican Party from themselves." "In part that's because Paul's campaign, relative to that of every other candidate, including the president's, is a seriously nebulous affair. There are roughly a dozen Ron Paul-centric super-PACs in various stages of activity. There are unaffiliated sites, like the Daily Paul, dedicated entirely to the congressman's message; slick video-sharing sites; and merchandise emporia, none of which have any formal connection whatsoever to the campaign. Shutting down that kind of operation isn't as simple as flicking a switch."

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