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Instagram is a social media service owned by Facebook for sharing photos and videos. Instagram launched in 2010 exclusively as an iOS app and didn’t come to Android and the web until 2012.

Facebook acquired Instagram in April of 2012 for $1 billion. Facebook also offered to buy Instagram’s closest competitor Snapchat back in 2013 for $3 billion.

In June of 2017 Instagram shared that it reached 250M daily users, surpassing its rival Snapchat by almost 100M. It also has over 700M total users.

Instagram has been criticized for taking popular features from Snapchat such as face filters, stories, and stickers. The company also has plans moving forward to introduce more business focused features.

Meta and TikTok failed to protect children, says EU – could be fined 6% of turnover

Meta and TikTok failed to protect children, says EU | Photo shows a young girl looking at her phone

The European Union has found that both Meta and TikTok failed to properly protect children, including making it difficult to report the presence of child sexual abuse material (CSAM) in their apps.

Separately, Meta has faced a setback in its defense of lawsuits filed by multiple US states, accusing the company of deliberately making its apps addictive despite knowing they were harmful to teenagers …

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