Instagram Hits 1 Billion Users After Announcing New IGTV App

Instagram just announced that it hit 1 billion monthly active users, more than 200 million users since September, following the announcement of its IGTV app yesterday. In the process, Mark Zuckerberg earned $1.7 billion USD after Facebook stock rose 2.3% due to the the IGTV announcement. The milestone puts Instagram alongside the high-end tear of apps used by over billions of people alongside Facebook (2.2 billion), Facebook Messenger (2.13 billion), YouTube (1.8 billion), and more. IGTV allows ...