Instagram might be having a midlife crisis. Symptoms include constantly comparing itself to others and dramatic changes in behavior and appearance. If only it could buy itself a shiny new sports car.
When
—now
—bought Instagram in 2012, it was certainly a rising star. And with
Facebook’s
deep pockets it became the hot new playground for youngsters who tired of the company’s legacy Blue app. The social media giant doesn’t regularly disclose user numbers or financials for Instagram, but has said that as of the second quarter of 2018, the platform had over 1 billion active users. Analysts believe Instagram will be Meta’s key growth…