A few months after Facebook celebrated its big 1 billion monthly active user mark, Instagram has a little bragging to do of its own. Facebook’s photo-sharing network announced Tuesday that it hit the 100 million MAU mark.
Facebook Co-Founder and CEO Mark Zuckerberg and Instagram Co-Founder Kevin Systrom were among those who took home hardware at TechCrunch’s Sixth Annual Crunchies Awards Wednesday night in San Francisco.
Despite erroneous reports that Instagram users were dropping the application en masse in December, the photo-sharing application posted usage statistics that show that it’s still going strong. Instagram published monthly active user data for the first time. This comes not long after Facebook changed the way those kinds of data are tracked.
Facebook finished second to Google, at least on the annual 40 Under 40 list from Fortune, as Facebook Co-Founder and CEO Mark Zuckerberg came in at No. 2, trailing only Google Co-Founder and CEO Larry Page.
Facebook finally appears to have solved an issue with getting content delivery networks to eliminate cached versions of photos deleted from the social network, which Ars Technica first began reporting in 2009.
It turns out Facebook Co-Founder and Chief Executive Officer Mark Zuckerberg negotiated the $1 billion purchase of Instagram all on his own, only giving the company’s board a heads up the day the deal was announced. Read more