Instagram founders depart Facebook after clashes with Zuckerberg

Instagram Co Founders Resign From Company Says Report

The co-founders of Instagram said Monday they had stepped down from Facebook, which acquired the photo-sharing app in 2012.

There's no official word on what caused the Instagram founders to leave, although rumours hint at clashes between the two men and Facebook executives over diminishing independence and demands to direct more users from Instagram to Facebook.

Instagram founders Mike Krieger, left, and Kevin Systrom attend the 16th annual Webby Awards in NY in 2012.

The news of their departure comes from The New York Times, and is corroborated by a statement from Systrom. Offered through Instagram and as a standalone app, IGTV serves up longer-length video content, mostly from popular Instagram users.

When Facebook bought it up, Instagram was ad-free and had a following of 31m people. I've learned a lot working with them for the past six years and have really enjoyed it. But Facebook has turned into a drag on the group.

The app now boasts a user base of over one billion people. All the other companies in the FAANG group are up this year.

Klizan battles past Wawrinka into St Petersburg's final
Klizan lost his first two match points but converted his third to reach his first final since the Austrian Open in July. Gavrilova, who won for only the second time in four appearances at the Wuhan Open, broke Ostapneko's serve five times.

Facebook has yet to comment on the Instagram departures, but they follow a year of controversy and scandal for the world's biggest social network, which has been widely criticised for its cavalier use of personal information.

The departure of Instagram's founders comes just weeks after Facebook made a decision to bring Instagram's chief operating officer, Marne Levine, back to Facebook to become its global head of business development.

"Building new things requires that we step back, understand what inspires us and match that with what the world needs". A new privacy law in Europe has also affected prices.

Bloomberg noted that Instagram has featured more prominently in Facebook's earnings calls, with Zuckerberg saying it is grown twice as fast as it would have without the parent company.

Their departures will be problematic for Facebook, and follow closely behind the resignation of Jan Koum WhatsApp's chief executive officer, who quit over adverts on the service.



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