Instagram co-founders to step down from Facebook
September 25, 2018 12:53The two co-founders of Facebook Inc.'s popular Instagram app are stepping down, a move marking continued tumult at the social-networking giant. The co-founders -- Kevin Systrom, Instagram's chief executive, and Mike Krieger, chief technology officer -- clashed with Facebook executives over the extent of Instagram's autonomy in recent months, according to people familiar with the matter.
Earlier this year, Chief Executive Mark Zuckerberg shifted a senior Facebook executive, Adam Mosseri, over to Instagram in anticipation that the founders might leave, one of the people said. Read the report here.
Earlier this year, Chief Executive Mark Zuckerberg shifted a senior Facebook executive, Adam Mosseri, over to Instagram in anticipation that the founders might leave, one of the people said. Read the report here.