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New York (CNN) – TGIF? It was more like a Freaky Friday for the stock market as plunging oil prices struck again.
The Dow fell more than 300 points and finished the week with a 3.8% loss. That was its worst weekly performance in more than three years.
New York (CNNMoney) – December typically brings a "Santa Claus" rally for stocks, but we've yet to see it this year.
For that, you can blame oil prices.
The Dow was down about 260 points in late afternoon trading Wednesday. That's a 1.5% drop. Anytime the Dow suffers a triple-digit point decline, it's considered a bad day.
(CNN) – Social media giant Instagram announced Wednesday that there are now more than 300 million users posting random images about their life, their loved ones, and their lunch on the mobile site.
The company said users post at least 70 million photos and videos a day.
Exactly two years ago, College Humor had a little fun making fun of pointless pictures on Instagram, while also making Nickleback tolerable for two minutes.
With this new milestone, Instagram now bypasses the 284 million users on Twitter.
The company is also borrowing a feature from Twitter. In the next few days, Instagram will launch verified accounts, separating real celebrity and brand pages from the fake ones.