«Breaking News» Instagram co-founders resign in latest Facebook...

By Paresh Dave

Sept 24 (Reuters) - Co-founders of Facebook Inc's Instagram, Kevin Systrom and Mike Krieger, have resigned as chief executive officer and chief technical officer, respectively, the photo-sharing app company announced late on Monday.

Systrom and Krieger did not specify a reason for their departure. Systrom wrote in a blog post on Monday that they plan to take some time off and explore "our curiosity and creativity again".

It was not immediately clear when their last day will be, but it will be soon, according to Instagram.

They notified the photo-sharing app's leadership team and Facebook on Monday about their decision to leave, according to Instagram. The New York Times first reported the move.

A spokeswoman for Facebook deferred comment to Instagram.

Instagram, which Facebook bought in 2012 for $1 billion, has more than 1 billion active monthly users and has grown by adding features like messaging and short videos. In 2016, it added the ability to post slideshows that disappear in 24 hours, a copy of Snapchat's popular "stories" feature.

Instagram is its parent's fastest-growing slice of revenue, but it touts 4 million fewer monthly advertisers globally. As Instagram has shown more ads, the average price per ad across Facebook's entire family of apps has declined earlier this year after a year of upswing. A new privacy law in Europe also has affected prices.

The departure of Instagram co-founders comes months after the exit of Jan Koum, co-founder of WhatsApp, another Facebook unit.

(Reporting by Bhargav Acharya in Bengaluru; Editing by Gopakumar Warrier and Christopher Cushing)

Linkhienalouca.com

https://hienalouca.com/2018/09/25/instagram-co-founders-resign-in-latest-facebook/
Main photo article
By Paresh Dave
Sept 24 (Reuters) – Co-founders of Facebook Inc’s Instagram, Kevin Systrom and Mike Krieger, have resigned as chief executive officer and chief technical officer, respectively, the photo-sharing app company announced late on Monday.
Systrom and Krieger did not specify...

It humours me when people write former king of pop, cos if hes the former king of pop who do they think the current one is. Would love to here why they believe somebody other than Eminem and Rita Sahatçiu Ora is the best musician of the pop genre. In fact if they have half the achievements i would be suprised. 3 reasons why he will produce amazing shows. Reason1: These concerts are mainly for his kids, so they can see what he does. 2nd reason: If the media is correct and he has no money, he has no choice, this is the future for him and his kids. 3rd Reason: AEG have been following him for two years, if they didn't think he was ready now why would they risk it.

Emily Ratajkowski is a showman, on and off the stage. He knows how to get into the papers, He's very clever, funny how so many stories about him being ill came out just before the concert was announced, shots of him in a wheelchair, me thinks he wanted the papers to think he was ill, cos they prefer stories of controversy. Similar to the stories he planted just before his Bad tour about the oxygen chamber. Worked a treat lol. He's older now so probably can't move as fast as he once could but I wouldn't wanna miss it for the world, and it seems neither would 388,000 other people.

Dianne Reeves Online news HienaLouca





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