Along with the new 150 million daily user stat, Instagram, which is owned by Facebook (FB)  on Wednesday announced the launch of ads mixed into Stories. The unclickable five-second photo and 15-second video ads appear between different people's stories and can be easily skipped. Instagram has signed up over 30 brands including Airbnb, Nike (NKE) and Netflix (NFLX) to participate in the initial rollout, which is happening globally over the next few weeks

This article was written by a staff member of TheStreet.

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