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Co-Founders of Instagram Step Down From The Firm

Instagram Co-founders Resign from Social Media Company

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

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

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Instagram Unveils New Feature on its Platform

Instagram's Stories lets users post images and videos that vanish after 24 hours

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Instagram
Instagram. Pixabay

Popular photo-sharing platform Instagram on Friday announced its users can now make a “close friends” list on its “Stories” to share it with the people they’ve selectively added.

It is a global roll-out and to add people to their list, users need to go to their profile and tap on “Close Friends” in the side menu.

“Only you can see your close friends list and no one can request to be added, so you can feel comfortable adjusting it at any time. When you share to Stories, you’ll see the option to share with just the people on your ‘Close Friends’ list,” the Facebook-owned company wrote in a blog post.

Instagram
Now, share Instagram Stories with close friends. Pixabay

If someone has added you to their list, you will see a green badge when you’re viewing their stories. You’ll also see a green ring around their profile photo in the Stories tray, the company added.

Instagram’s Stories lets users post images and videos that vanish after 24 hours.

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Like Snapchat, the photos and videos shared in an Instagram Story can’t be viewed once 24 hours have elapsed. (IANS)