Thursday April 25, 2019
Home Lead Story Co-Founders o...

Co-Founders of Instagram Step Down From The Firm

Instagram Co-founders Resign from Social Media Company

0
//
Instagram
Kevin Systrom, CEO and co-founder of Instagram, prepares for Wednesday's announcement about IGTV in San Francisco, June 19, 2018. (VOA)

The co-founders of Instagram are resigning their positions with the social media company.

Chief Executive Kevin Systrom said in a statement late Monday that he and Mike Krieger plan to leave the company in the next few weeks.

Krieger is chief technical officer. They founded the photo-sharing app in 2010 and sold it to Facebook in 2012 for about $1 billion.

Instagram
Representational image. Pixabay

There was no immediate word on why they chose to leave the company but Systrom says they plan to take time off to explore their creativity again.

Representatives for Instagram and Facebook didn’t immediately respond to after-hours messages from The Associated Press.

Also Read- Apple Completes Acquisition of Shazam, World’s Most Popular Music Recognition App

Instagram has seen explosive growth since its founding, with an estimated 1 billion monthly users and 2 million advertisers. (VOA)

Next Story

Central Intelligence Agency to Make a Debut on Instagram

The Federal Bureau of Investigation (FBI) and Transportation Security Administration (TSA) already have official Instagram accounts

0
facebook privacy
FILE - The Instagram icon is displayed on a mobile screen in Los Angeles. VOA

After marking its social presence on Facebook and Twitter, US-based civilian foreign intelligence service Central Intelligence Agency (CIA) will now make a debut on Instagram.

The Director of CIA, Gina Haspel, while addressing a crowd at Auburn University in Alabama, confirmed that the CIA would soon have a presence on Instagram, The Verge reported on Monday.

With nearly a million followers on Facebook and 2.58 million followers on Twitter, the CIA keeps connected with the youth through sharing memes and updates about the organisation and its work.

Now Instagram would be the intelligence agency’s latest foray into social media.

Instagram
Kevin Systrom, CEO and co-founder of Instagram, prepares for an announcement about IGTV in San Francisco. VOA

“Our team worked with the CIA, as they do with many partners, to provide best practices and guidance when it comes to launching an Instagram account,” the report quoted an Instagram spokesperson as saying.

As of now, it remains unclear exactly by when would CIA’s official Instagram account be launched.

Also Read- Apple to Release 5G-equipped iPhone in 2020

However, it is not new for federal agencies maintaining official accounts on social networking platforms.

The Federal Bureau of Investigation (FBI) and Transportation Security Administration (TSA) already have official Instagram accounts. (IANS)