Instagram has had a busy 2013. In June, video was added to the service as a counterplay to Twitter’s Vine. Last month, Instagram rolled out advertisements. Just days ago, Instagram finally showed up on Windows Phone, albeit with some serious omissions. Gigaom reports that the last major update of the year might be the most […]

Instagram jumped on that bandwagon this month with its first sponsored post, which has drawn the inevitable chorus of disapproval but also a surprisingly high rate of user participation. Company CEO Kevin Systrom tells GigaOms Roadmap conference that over five percent of all ad impressions turn into Likes — an impressively high number by online advertising standards. […]