Roku announces 15 million active monthly accounts

Roku announced it reached 15 million monthly active accounts as of June 30, 2017 growing 43 per cent over the same period of the prior year. Users streamed nearly 7 billion hours on the Roku platform in the first half of 2017, growing 61 per cent over the same period of the prior year.

“Roku is the #1 TV streaming platform in the United States as measured by total hours streamed,” said Roku Founder and CEO Anthony Wood. “We are growing our active accounts by distributing our proprietary TV OS across a broad range of streaming devices with multiple price points and many new and highly rated Roku TV models from our TV brand partners.”

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Instagram now has 700 million users, with 100 million added since December

Facebook-owned photo sharing app Instagram now boasts 700 million active users, with 100 million coming on board since December. Instagram has added various new ways to share photos, boomerangs, videos as well as stories. 

Facebook bought Instagram for 1 Billion when it realized it could not compete with the popular photo sharing app. Since then, Instagram's evolved by emulating features found on other popular image sharing services, most notably Snap.

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