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After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

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1

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

2

The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

3

Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
Fortune 500

Big business loves Instagram

By
Colleen Leahey
Colleen Leahey
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By
Colleen Leahey
Colleen Leahey
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May 21, 2012, 5:00 AM ET
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FORTUNE — About a year before Facebook bought the photo-sharing app Instagram for $1 billion, General Electric (GE) joined. Instagram users take and share pictures on their smartphones and “follow” other users’ photostreams. GE (No. 6 on the Fortune 500) has 86,066 followers. Instagram’s retro-filters can make GE’s photos look like a history of the company, which turns 120 this year. But the shots are current. Starbucks (No. 227) and Target (No. 38) may have many followers (526,009 and 12,979, respectively), but their pics feature products, while GE’s show a process, a look at how the company builds its big machines.

[slideshow]

Correction: An earlier version of this article stated that Target’s Instagram account had 150,000 followers. The account actually has 12,979. The numbers of GE and Starbucks followers have also been updated from the story that originally appeared in the May 21, 2012 issue of Fortune.

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