Social Media 2016-2020 By kayleewright 2016 Microsoft buys LinkedIn for $26 billion 2016 Vine discontinued 2016 Snapchat hits 10 billion videos viewed daily 2016 TikTok launches in China Jun 1, 2016 Instagram hits 500 million users Aug 1, 2016 Instagram launches stories to compete against Snapchat Nov 21, 2016 Instagram launches live video Dec 31, 2016 Facebook hits 1.86 billion users 2017 TikTok launches in the U.S. 2017 Snapchat begins trading on the New York Stock Exchange 2017 150 million Instagram users use Stories daily Jun 27, 2017 Facebook hits 2 billion users 2018 Instagram hits 1 billion users 2018 Facebook stock plummets because of Cambridge scandal 2019 500 million Instagram users use Stories daily 2019 TikTok reaches 1 billion downloads 2020 TikTok has over 500 million users worldwide 2020 45% of the world population is on social media 2020 TikTok hits 2 billion downloads 2020 Trump tries to ban TikTok 2021 Twitter has 330 million users 2021 Facebook has over 2.8 billion users 2021 LinkedIn has over 660 million users