Silicon Beach Report April 13: Instagram Stories Users Rise to 200 Million Per Day

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Instagram Stories users rise to 200 million per day, Aerojet moves rocket engine work to Alabama, and Hulu Live TV service to cost $39.99 per month with ads.

Instagram Stories Users Rise to 200 Million Per Day

Instagram’s Stories feature is used by more than 200 million people per day, the company announced in a blog post Thursday, reports Variety. Instagram introduced Stories last August and acknowledged at the time that the feature was inspired by Snapchat’s Stories feature.

Aerojet Moves Rocket Engine Work to Alabama

Aerojet Rocketdyne announced on Thursday that it plans to move its rocket engine manufacturing from Sacramento to Alabama by the end of 2018, and that 1,100 of the current 1,400 jobs at the facility will be relocated or eliminated. Rocketdyne moved its headquarters from Sacramento to El Segundo last year.

Hulu Live TV Service to Cost $39.99 Per Month with Ads

Hulu’s Live TV service will cost $39.99 per month with ads and access to the online streaming platform’s library of on-demand content, according to sources cited by TechCrunch. Hulu is also considering an add-on package to its live TV service that will include a DVR feature with up to 200 hours of programming storage.

Send tips on L.A. tech companies and startups to reporter Garrett Reim via [email protected]. Follow @garrettreim on Twitter for the latest in L.A. tech news.

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