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Instagram reaches 1 bn user milestone; announces IGTV app for video content

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The key differentiating factor between IGTV app and other such services is that the Instagram video publishing platform allows long-form vertical videos, which most of the other service providers Companies News : Instagram, an app based photo-sharing platform owned by Facebook, on June 20 announced that the company now has a worldwide community of one billion. The company also introduced a new service, IGTV. IGTV is an app designed for   video creators   to showcase their work to followers in vertical all-screen format. Launched in 2010, the   Instagram   app got more than 800 million monthly active subscribers with over 300 million daily stories shared in the first year. In 2012, two years down the line, the company got acquired by social media giant   Facebook.   Since then, the   Instagram app has been updated with several new features such as filters, storyline, live stories, a minute long video story, stickers, dedicated camera app, et...