Instagram Is Now Bigger Than Twitter With 300 Million Monthly Users

It's also debuting verified accounts and purging fake followers

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Instagram now has 300 million monthly users, picking up 100 million since March. The photo- and video-sharing app has surpassed Twitter's official user count of 284 million.

Facebook's companion company, bought for $1 billion in 2012, announced the milestone today, as well as the fact that it will start handing out verified accounts, the kind coveted by Twitter's users.

The verified badges will be for public figures and brands, Instagram said. Verified badges, coming within the week, "will make it easier for people to identify and follow the authentic brands they care about," Instagram said today in an email.

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