The Tech Media Minute: Instagram and Adobe Are Making Huge News

Instagram hits a major milestone

There are now 500 million Instagram users who use the photo-sharing site monthly, according to Forbes. According to CEO Kevin Systrom, “It’s grown to be very global, which I believe comes from the fact that images are a universal language.”

First introduced in 2010, Instagram was purchased by Facebook less than two years later for $1 billion.

Big updates from Adobe

Adobe has announced some big software updates for its Creative Cloud desktop products. The changes mostly affect Adobe Stock and Adobe Photoshop. The San Jose, California-based company has yet to announce whether the changes are also arriving on the company’s iOS products.

Misfit announces the Speedo Shine

Just in time for summer, Misfit has announced a new Shine tracking device. The Misfit Shine 2 Swimmer’s Edition can be clipped to a swimsuit or snapped inside a plastic band you wear on your waist.

The new Shine is available to pre-order for $119.99.

Tencent has bought Clash of Clans maker Supercell for … $8.6 billion.

Also being discussed on this Tuesday:

• #NationalSelfieDay
• #TrumpSoPoor
• #CannesLions
• #YogaDay
• #TechTuesday
• SoftBank
• #CXNYC
• #flexvolt
• Iran Air

Today, June 21 is Go Skate Day and International Yoga Day.

Now through June 26 is London Technology Week.

Rewind: In 1834, Cyrus McCormick patented the reaping machine.

Have a few more minutes? Check out these other stories making news:

• Live Video Comes to Tumblr, Fast Company
• A Remote Control Ball Might Be the Most Enjoyable Way to Learn to Code, Gizmodo
• Twitter is making a huge video push — and tweaking Vine’s six second limit in the process, Re/Code

Want even more? Check out Tech Media Extra.