NEW DELHI: Facebook owned photo-sharing social network Instagram, recently announced 300 million active users, overtaking Twitter which claimed 284 million active users at the end of September.
It looks like Evan Williams, Twitter co-founder and board member, is not sold on the development's significance. He even raised doubts on Facebook's methodology of counting monthly active users saying that the service considers people who log-in via Facebook connect as their users.
In an interview with Fortune, Williams said,"It's a question of breadth versus depth. Why is users the only thing we talk about? The crazy thing: Facebook has done an amazing job of establishing that as the metric for Wall Street. No one ever talks about, 'What is a [monthly active user]?' I believe it's the case that if you use Facebook Connect — if you use an app that you logged into with Facebook Connect — you're considered a Facebook user whether or not you ever launched the Facebook app or went to Facebook.com. So what does that mean? It's become so abstract to be meaningless. Something you did caused some data in their servers to be recorded for the month. So I think we're on the wrong path."
He also said Twitter's impact on the world was more significant and that he didn't care if 'more people were looking at pretty pictures.'
"If you think about the impact Twitter has on the world versus Instagram, it's pretty significant. It's at least apples to oranges. Twitter is what we wanted it to be. It's this realtime information network where everything in the world that happens on Twitter—important stuff breaks on Twitter and world leaders have conversations on Twitter. If that's happening, I frankly don't give a s*** if Instagram has more people looking at pretty pictures," snapped Williams.
He also said that Twitter's monetisation efforts were on the right track and the popular social networking website was making more money than Instagram. "Twitter makes a hell of a lot more money than Instagram, if that's what Wall Street cares about," he said.
Instagram chief executive Kevin Systrom had claimed 70 million photos and videos were shared each day on the network.He also said Instragram would start using "verified badges for celebrities, athletes and brands," to help users ensure they are following these members and no copycats. Facebook completed its acquisition of Instagram in 2012. The original price was pegged at $1 billion but the final value was less because of a drop in Facebook's share price.
It looks like Evan Williams, Twitter co-founder and board member, is not sold on the development's significance. He even raised doubts on Facebook's methodology of counting monthly active users saying that the service considers people who log-in via Facebook connect as their users.
In an interview with Fortune, Williams said,"It's a question of breadth versus depth. Why is users the only thing we talk about? The crazy thing: Facebook has done an amazing job of establishing that as the metric for Wall Street. No one ever talks about, 'What is a [monthly active user]?' I believe it's the case that if you use Facebook Connect — if you use an app that you logged into with Facebook Connect — you're considered a Facebook user whether or not you ever launched the Facebook app or went to Facebook.com. So what does that mean? It's become so abstract to be meaningless. Something you did caused some data in their servers to be recorded for the month. So I think we're on the wrong path."
He also said Twitter's impact on the world was more significant and that he didn't care if 'more people were looking at pretty pictures.'
"If you think about the impact Twitter has on the world versus Instagram, it's pretty significant. It's at least apples to oranges. Twitter is what we wanted it to be. It's this realtime information network where everything in the world that happens on Twitter—important stuff breaks on Twitter and world leaders have conversations on Twitter. If that's happening, I frankly don't give a s*** if Instagram has more people looking at pretty pictures," snapped Williams.
He also said that Twitter's monetisation efforts were on the right track and the popular social networking website was making more money than Instagram. "Twitter makes a hell of a lot more money than Instagram, if that's what Wall Street cares about," he said.
Instagram chief executive Kevin Systrom had claimed 70 million photos and videos were shared each day on the network.He also said Instragram would start using "verified badges for celebrities, athletes and brands," to help users ensure they are following these members and no copycats. Facebook completed its acquisition of Instagram in 2012. The original price was pegged at $1 billion but the final value was less because of a drop in Facebook's share price.
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