"If you think about it a year ago when we sat together, Instagram Stroies didn't exist", Everson told CNBC. In two months, Stories has gained 50 million new viewers, likely thanks to the network effect that comes with having an overall daily audience of more than 400 million people and slotting the Stories feed atop the app's main screen.
Instagram is also changing its live video feature so users can now share those live videos to their Stories.
Valeant Pharmaceuticals Intl Inc (NYSE:VRX), Chipotle Mexican Grill, Inc. (NYSE:CMG)
Equities analysts expect that Valeant Pharmaceuticals International, Inc. will post $3.89 EPS for the current fiscal year. ILLEGAL ACTIVITY NOTICE: This article was first reported by Chaffey Breeze and is the sole property of of Chaffey Breeze.
The new feature should begin rolling out to all users on iOS and Android in the coming days as a part of Instagram v10.26. That's a bummer for Snapchat, because they clearly invented something that people want to use - Instagram has just scaled it more quickly.
Stories first reported passing Snapchat in April, when it announced it had 200 million daily active users. Snap shares declined about 3 percent after the new Instagram Stories daily active user numbers were announced.
Senate close to vote on dismantle health law
"Thankfully, at the end of this process, the Senate will finally have a chance to turn the page on this failed law". McConnell said last week that "nobody is hiding the ball here" and that people are "free to ask anybody anything".
When asked about copying Snapchat and its platform, Carolyn Everson, Facebook's global head of sales, was dismissive to say the least. People and businesses like the Stories format, she said. These on-demand viewers can also send a message to the broadcaster using the "Send Message" button, which also appears in non-live Stories. Now, Instagram Stories will give you the option to save a replay of your live videos.
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