Gsbt

For as much as some pundits like to believe that Snapchat poses a serious threat to Instagram, the popular photo-sharing site owned by Facebook is as popular as ever. Not only has Instagram seen its user base grow considerably over the past few years, the cumulative number of Instagram users continues to accelerate with each passing year. Instagram co-founder Kevin Systrom recently revealed that Instagram now boasts more than 700 million users, according to a new report  from  The New York Times . Of that subset, an estimated 400 million users check the website or the app on a daily basis. Interestingly enough, approximately 560 million of Instagram’s total user base now resides outside of the United States, a data point which speaks to the site’s broad appeal across the globe. As a quick point of comparison, Snapchat currently boasts upwards of 160 million daily users. To help illustrate Instagram’s tremendous growth over the past few years, consider this: From ...

While President Trump has helped make Twitter a regular part of the national conversation, the business behind the microblogging service is not looking up. That feeling was only reinforced by the meager revenues the  company reported  on Thursday. Things look especially slow when you compare the platform to rival social media apps. As this chart from  Statista shows, after gaining hundreds of millions of users in its first few years, Twitter has only added 31 million monthly active users over the past two years. Facebook's suite of behemoths have easily surpassed that over the same time frame, while Snapchat has outpaced it as well (though it has  slowed recently , too). Now, Twitter serves a much narrower niche than Facebook, so the fact that it can't keep up makes sense. But even with that in mind, the company appears to be in a prolonged rut.

Rob Price   Mark Zuckerberg and Priscilla Chan.AP Mark Zuckerberg's wildly ambitious plan to treat and cure all diseases has made a step forward with the announcement that it is funding dozens of scientists over the next five years. The Chan Zuckerberg Initiative (CZI) is an organisation run by the Facebook cofounder and pediatrician Priscilla Chan, his wife.  Launched with a $3 billion (£2.4 billion) cheque book in September 2016 , its aim is to help "cure all disease" by the end of the twenty-first century, with a focus on investing in long-term scientific research that wouldn't necessarily pay off straight away. Part of the CZI is the Chan Zuckerberg Biohub, a medical research organisation — and on Wednesday,  the Biohub announced it is providing $50 million (£40 million) in funding to researchers, TechCrunch reports . The cash is going to 47 different people, to fund their research for the next five years with up to $1.5 million (£1.2 million...

Instagram has become more prevalent on the web than Twitter, according to an analysis by website tool provider  SimilarTech  of the top 1 million sites based on their global traffic, including publishers, brands and e-commerce sites. At the start of 2016, Instagram trailed Twitter in the number of sites that embedded its users’ posts or featured its social widgets, like follow buttons. But from January through December, Instagram’s footprint expanded by 308 percent to overtake Twitter, whose footprint expanded by 36 percent over the same period. It’s unclear what pushed so many sites to begin embedding Instagram posts and widgets on their pages in 2016. Instagram introduced the ability to  embed people’s posts on sites back in July 2013  and rolled out  follow buttons, or “badges,” in November 2012 . Instagram’s monthly user base growing from  400 million people in September 2015  to  600 million people in December 2016  li...