Instagram tops 300 million active users, likely bigger than Twitter

Facebook's billion-dollar Instagram acquisition is looking better and better.

Instagram announced Wednesday that it now has more than 300 million monthly active users, up from 200 million in March

At that level, Instagram likely has about as many or more users than Twitter, which announced in October that it had 281 million active users in the third quarter.

"We’re thrilled to watch this community thrive and witness the amazing connections people make over shared passions and journeys," Kevin Systrom, Instagram's cofounder and CEO, said in a blog post.

In addition to the user numbers, Instagram announced that it will be introducing "verified badges" for celebrities and brands. It is also in the process of cutting down on "spammy" accounts Read more...

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