Instagram is closer than ever to a billion users

It's only a matter of time until Instagram joins Facebook's billion-user club.

The company announced Wednesday the photo sharing app has reached 700 million monthly active users, up from 600 million in December. 

Though the Facebook-owned app has been steadily growing in recent years, the company credits the recent growth to its improved sign-up process, its initially controversial feed changes, and efforts to reach new users around the world.

Unlike WhatsApp, Messenger and the main Facebook app, Instagram hasn't had a standalone experience optimized specifically for developing markets. However, it recently began testing an offline version for Android. Read more...