Instagram faces class action lawsuit due to Terms of Service fiasco
By all accounts, Instagram has had a landmark year. Massive adoption throughout 2012 as Instagram boosted its user base by 1,100% since it was purchased in April for $1billion. Instagram has even recently surpassed popular microblogging service Twitter in terms of daily users. Twitter had 6.9 million daily users in August, while Instagram had 7.3 million. Yet, Instagram ends the year on a sour note with backlash resulting from their revised Terms of Service (which they reverted) and now a class action lawsuit from users.