Instagram is said to have come out of a turbulent year to now reach two billion monthly active users.
According to CNBC, sources from the Meta-owned company revealed that Instagram managed to hit the new milestone just three years after hitting the billion mark in June 2018, an amount that took the platform eight years. to accumulate. Unfortunately, since the news of those numbers, the company itself has not disclosed a specific number of users in its finances, but one of its employees speaking on condition of anonymity confirmed that Instagram had managed to hit the two billion mark just a week before Facebook renamed Meta in return. October.
Despite the impressive numbers, as the report points out, the social media platform’s success in numbers can actually be a curse as much as a blessing. Meta, in general, has already been criticized by US regulators for its overwhelming market share in the industry, and the negativity is now compounded by a recent leak of documents indicating that Instagram knew it was having adverse effects. on adolescent mental health, but chose not to do anything about it.
Since the accusations were brought by Frances Haugen, a whistleblower and former Instagram employee, congressional committees have held a series of hearings to discuss the negative impact of social media on young people, with many senators even letting go. analogy between Meta’s addiction-inducing practices and those of Big Tobacco.
Instagram declined to comment.
Elsewhere in tech, Snapchat has released a new standalone video editing app called Story Studio.
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