Core Insights - Instagram has implemented a new privacy setting that defaults all new and existing underage accounts to an automatic private mode [1] - Instagram has reached 3 billion monthly active users, marking a significant milestone for the platform [1][3] - Meta previously reported Instagram's user figures as 2 billion monthly users in October 2022 [2] User Metrics - Meta's family of apps, including Instagram, Facebook, and WhatsApp, collectively reached 3.48 billion daily active users as of July, surpassing analysts' expectations [3] - Facebook and WhatsApp also have over 3 billion monthly active users, as stated by Meta's CEO Mark Zuckerberg [4]