Posts Tagged ‘social networking’
Bloomberg’s Sarah Frier reports. That Instagram is so tightly integrated with Facebook is, I’m sure, an added bonus for that social network.
Instagram passed 500 million users, and growth is accelerating as the photo sharing app clears a hurdle that has stalled competitors.
The most recent 100 million users joined up faster than the previous 100 million, indicating the app owned by Facebook Inc. won’t be hindered any time soon by the growth plateau that plagues competitor Twitter Inc. Instagram said daily active users have reached 300 million. That’s about double what Snapchat Inc. and Twitter see.
Facebook bought Instagram in 2012 for about $750 million. Since then, the photo network has grown exponentially due to the ease of sharing images—a medium that can cross language barriers and create connections between people even without formal social ties. About 80 percent of Instagram’s users come from outside of the U.S.
Instagram was able to rely on the world’s largest social network to assist growth, while tapping into Facebook’s advertisers to start ramping up its business. In the last year, Instagram started focusing on being a destination for photos and video from events.
“It’s all about knowing what’s happening in the world right now and coming to Instagram as a media destination,” Kevin Systrom, the company’s chief executive officer, said in an interview with Bloomberg Television’s Emily Chang. He understands that he’s echoing words also said by Twitter Chief Jack Dorsey. “What social media outlet doesn’t say this? That’s the great opportunity of our time.”
Spacing Toronto’s John Lorinc describes the push for a landlord registry and licensing system.
When the members of the Municipal Licensing and Standards committee meet tomorrow at City Hall, they’ll be considering the latest attempt to license the apartment sector, with a motion to create a public consultation process around how such a system might function, and how the city should rate multi-unit buildings, which provide homes for hundreds of thousands of Torontonians.
For those with long memories, the lobbying and caterwauling that will begin to escape from the powerful landlord industry in the wake of this meeting will likely rival the complaints from Toronto’s restaurant sector circa 2000, when Mel Lastman’s famous “rat shit” quote ushered in a new era of public health ratings for eateries (now known as DineSafe).
Times have changed, and the licensing debate that begins after Thursday’s session will be informed and shaped by the open-data movement.
Firing the first volley, ACORN Canada, a tenants group, and a New York civic tech firm, RentLogic, have teamed up to create something called Toronto Landlord Watchlist, which is modeled on New York City’s Landlord Watchlist, a project of the NYC’s Public Advocate (currently, Letita James). The site, which went live this morning, contains information drawn from inspections triggered by tenant complaints. That data has been used to compile a list of what the organizers call Toronto’s 100 worst apartment buildings. (The data sets are available here.) Let the searching begin…
In New York, RentLogic has set up a beta site for a Big Apple apartment rankings service, which draws on all sorts of granular information from open-data releases, including reports on rodents, electrical problems and hot water interruptions.