Instagram user growth drives Meta shares up

Sky News Business Editor Ross Greenwood says Facebook-owner Meta's shares were “very strong” as Facebook recorded user growth on Instagram. Mr Greenwood said the share price is up almost 19 per cent. “Meta basically said that the number of active users have jumped to 1.96 billion,” he told Sky News Australia. “Users are increasing, and indeed people are spending more time, in particular on Instagram, just sitting there flicking through funny videos.” Via news.com.au — Australia’s leading news site https://www.news.com.au