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Facebook (FB -1.1%) claims AppData's figures on Instagram usage are inaccurate. "We continue to...

  • Friday, December 28, 2012, 1:36 PM ET
    Facebook (FB -1.1%) claims AppData's figures on Instagram usage are inaccurate. "We continue to see strong & steady growth in both registered & active users of Instagram," it says. Ironically, AppData's read on Instagram activity might be skewed by the fact it bases its figures on a user's Facebook sharing. Though still down on the day, Facebook is off its early-morning lows. (also)
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