Instagram Hits 200 Million Users

It's a testament to Instagram's success that when Mark Zuckerberg revealed the photo-sharing service had crossed the 200-million-user milestone, it barely rated a mention.

The statistic arrived in the middle of an investor-relations phone call explaining why he had just purchased Oculus VR for $2 billion — or more than twice the price of Instagram. Zuckerberg's rationale: Facebook said it would be happy if Instagram hit 100 million users, and now they're at twice that. In other words, you can't always predict where these technologies are going