Facebook (FB) Hits Home Run with Instagram

Facebook Inc’s (FB) stock gained 0.53% in pre-market trade Wednesday following an announcement that Instagram now has more than 400 million monthly-active-users, a number that makes the Facebook-owned photo-sharing service far larger than rival Twitter (TWTR). Just nine months ago, Instagram had only 300 million users. The photo-and-video-sharing app said the popularity of the service […] View the full post at: Facebook (FB) Hits Home Run with Instagram Related posts: Facebook-Microsoft To Ink Search Ad Pact Russian Tech Group Offers to Invest $200 mln in Facebook Facebook Employees Offered $14.77 a Share