Close Menu
Chronicle.ng
    Trending Stories
    Tinubu congratulates Carney over Canada election victory

    Canada won’t settle for a ‘bad deal’ on US tariffs – Carney

    July 23, 2025
    Tinubu orders full compliance with new US visa policy

    Tinubu is misled by sycophants – Garba Shehu

    July 23, 2025
    Young artisan killed during cult initiation in Lagos

    Young artisan killed during cult initiation in Lagos

    July 23, 2025
    Facebook X (Twitter) Instagram
    Trending
    • Canada won’t settle for a ‘bad deal’ on US tariffs – Carney
    • Tinubu is misled by sycophants – Garba Shehu
    • Young artisan killed during cult initiation in Lagos
    • Atiku warns Okpebholo, says ‘threat against Obi is threat against us all’
    • 2027: Datti hints at presidential run if Obi, southern ally step side
    • Igbo youths threaten to boycott 2027 election, demand Kanu’s release
    • 2027: ADC Slams Adeleke, Oyinlola over endorsement of Tinubu
    • Amaechi’s wife challenges Wike over claim she receives N4bn from NDDC monthly
    Facebook X (Twitter) Instagram
    Chronicle.ngChronicle.ng
    Subscribe
    Wednesday, July 23
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle.ng

    Instagram co-founders Kevin Systrom and Mike Krieger leave firm

    Chronicle EditorBy Chronicle EditorSeptember 25, 2018No Comments2 Mins Read
    Facebook Twitter Telegram WhatsApp
    Kevin Systrom and Mike Krieger co-founded Instagram eight years ago then sold it to Facebook
    Kevin Systrom and Mike Krieger co-founded Instagram eight years ago then sold it to Facebook
    Facebook Twitter WhatsApp
    Kevin Systrom and Mike Krieger co-founded Instagram eight years ago then sold it to Facebook
    Kevin Systrom and Mike Krieger co-founded Instagram eight years ago then sold it to Facebook

    The co-founders of photo-sharing giant Instagram, Kevin Systrom and Mike Krieger, are both leaving the firm.

    Mr Systrom, chief executive, said they were departing to “explore our curiosity and creativity”.

    Instagram, which was purchased by Facebook in 2012 for $1bn (£760m) in cash and stock, now has more than one billion users.

    The exit comes amid reports of tension between Instagram’s co-founders and Facebook’s leadership.

    Mr Systrom and Mr Krieger started the image sharing site in 2010, and continued to run the service after it was acquired by Facebook two years later.

    What have the pair said?

    Not a great deal. They reportedly only told the Facebook leadership on Monday so the departure appears pretty sudden.

    In a blog post, Mr Systrom said: “We’re now ready for our next chapter.

    READ: Oil price hits $81, highest in four years

    “Building new things requires that we step back, understand what inspires us and match that with what the world needs; that’s what we plan to do.”

    There was no animosity in the blog post. Mr Systrom said the pair both remained “excited for the future of Instagram and Facebook”.

    Over 8 years ago, Kevin and I started Instagram, hoping to build something that would bring out people’s creativity and spirit for exploration. Now it’s time for the next chapter. A huge thank you to everyone in the community who we’ve met along the way. https://t.co/9Omyj6VHbe

    — Mike Krieger (@mikeyk) September 25, 2018

    This has put increased pressure on Facebook to squeeze more and more money from its users by adding new features some felt went against the Instagram app’s original focus on simplicity.

    The latest Instagram product, IGTV, which allows posting of longer videos, in part to compete with YouTube, has not had an auspicious start.

    It was criticised this month after sexually suggestive videos of children were recommended to its users.

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    Tinubu congratulates Carney over Canada election victory

    Canada won’t settle for a ‘bad deal’ on US tariffs – Carney

    Tinubu orders full compliance with new US visa policy

    Tinubu is misled by sycophants – Garba Shehu

    Young artisan killed during cult initiation in Lagos

    Young artisan killed during cult initiation in Lagos

    Obidients have urged Atiku Abubakar to abandon his presidential ambition in 2027 and support Obi for the ADC presidential ticket.

    Atiku warns Okpebholo, says ‘threat against Obi is threat against us all’

    Nigerians mock Datti Baba-Ahmed over Baze University hostel

    2027: Datti hints at presidential run if Obi, southern ally step side

    Igbo youths threaten to boycott 2027 election, demand Kanu’s release

    Igbo youths threaten to boycott 2027 election, demand Kanu’s release

    Add A Comment
    Leave A Reply Cancel Reply

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    Tinubu congratulates Carney over Canada election victory

    Canada won’t settle for a ‘bad deal’ on US tariffs – Carney

    July 23, 2025
    Tinubu orders full compliance with new US visa policy

    Tinubu is misled by sycophants – Garba Shehu

    July 23, 2025
    Young artisan killed during cult initiation in Lagos

    Young artisan killed during cult initiation in Lagos

    July 23, 2025
    Obidients have urged Atiku Abubakar to abandon his presidential ambition in 2027 and support Obi for the ADC presidential ticket.

    Atiku warns Okpebholo, says ‘threat against Obi is threat against us all’

    July 23, 2025
    Nigerians mock Datti Baba-Ahmed over Baze University hostel

    2027: Datti hints at presidential run if Obi, southern ally step side

    July 23, 2025
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2025 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.