A couple of days ago, there were murmurings on the web that Instagram experienced a sharp drop in usage numbers following its ill-handled Terms of Service change. The story was based on findings by analytics firm AppStats, which claimed that Instagram’s Daily Active User count had fallen from over 15 million to around 5 million in the span of about one month.

Now Instagram (and its parent company Facebook) are speaking up and denying that it is seeing a max exodus of disgruntled users. The company has released usage figures for the first time in its young life.
Read more…

Mobile photo sharing powerhouse Instagram announced today that it has passed the 80 million mark for registered members. The service has grown by a whopping 30M since being acquired for $1 billion by Facebook in early April.
Read more…