Instagram | Latest News & Updates - Nov 27, 2024 Release
Danilo Prelevikj has left Instagram, where he served as CEO & Founder in Slovenia, to become Partner & Head of Growth at TC9 — AI Allbound Agency after previously holding the position of CEO & Founder at LetterSale...
Brought to you by RivalSense - an AI tool for monitoring any company.
RivalSense tracks the most important product launches, fundraising news, partnerships, hiring activities, pricing changes, tech news, vendors, corporate filings, media mentions, and other developments of companies you're following 💡
Instagram is a widely used photo and video sharing social networking service that allows users to upload, edit, and share media with their followers. Launched in 2010, it has grown to over one billion users globally, providing a platform for personal expression, discovery of new interests, and online marketing for businesses. Owned by Meta Platforms, Instagram features various functionalities including Stories, Reels, and Shopping, making it a versatile tool for both personal and professional use.
Instagram - Latest News and Updates
- Danilo Prelevikj has left Instagram, where he served as CEO & Founder in Slovenia, to become Partner & Head of Growth at TC9 — AI Allbound Agency after previously holding the position of CEO & Founder at LetterSale.
- Instagram has launched a new Collage feature for Stories, inspired by Pinterest's Shuffles app, allowing users to create more flexible collages from their camera roll.
- Instagram has introduced new DM features including nicknames, live location sharing, and sticker packs, enhancing user interaction.
- Instagram has introduced location sharing, over 300 new stickers, and nickname features in direct messages, with location sharing available for up to one hour in select countries.
- Shabnum Gulati has joined Instagram as a Lead Product Manager in the United States, previously holding a position at another company.
- Instagram announced two new direct message updates, including the ability to give nicknames in group chats.
- Instagram, along with other tech giants, signed the Online Fraud Charter in November 2023, yet 20% of scams in the UK over the past year were linked to the platform.
- Instagram is testing a new placement for the DM button in the main app UI to accommodate the increasing use of direct messages.
- Instagram has over 2 billion monthly users, with Gen Z and millennials making up about 60% of the user base, according to content creator Alexandria Haddad.
Sign up to receive regular updates
If you liked the insights, consider following your own companies of interest. Receive weekly insights directly to your inbox using RivalSense.