By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Starr FmStarr FmStarr Fm
  • Home
  • Election Hub
  • General
    GeneralShow More
    Obuasi SHTS case: Schoolgirls need protection, not exploitation – Bridget Bonnie
    October 23, 2026
    NDC Elections: Darlas Ampomah Williams cautions against aspirants with ‘vendetta’ agenda against MMDCEs
    October 23, 2026
    UG warns students with CGPA below 1.00 to withdraw from programmes, says no probation
    October 23, 2026
    U/E: Suspected armed robber dies after collapsing while leading police to accomplices
    October 23, 2026
    Obuasi SHTS scandal: Minority criticises govt’s response to abuse allegations
    October 23, 2026
  • Business
    BusinessShow More
    Customer Service Week: StarLife Assurance screens 400 people for free in Accra, Kumasi
    October 22, 2026
    Africa Business Forum & Awards 2026 celebrates entrepreneurship, innovation
    October 22, 2026
    Malik Basintale calls for review of CST funding cap to boost youth employment
    October 22, 2026
    E&P has achieved what foreign mining companies failed to do in decades – NPP’s Abronye
    October 22, 2026
    37th CIMG Awards: Hollard Life wins Marketing-Oriented Insurance Company of the Year
    October 22, 2026
  • Politics
    PoliticsShow More
    NDC braces for nationwide constituency polls as 15,000 aspirants vie for executive positions
    October 23, 2026
    NDC won’t shield suspended headmaster from sexual abuse probe – Kwetey
    October 23, 2026
    NDC Elections: Darlas Ampomah Williams cautions against aspirants with ‘vendetta’ agenda against MMDCEs
    October 23, 2026
    Obuasi SHTS scandal: Minority criticises govt’s response to abuse allegations
    October 23, 2026
    Adwoa Safo reverses decision, declares intention to contest Dome-Kwabenya seat
    October 23, 2026
  • Entertainment
    EntertainmentShow More
    Akwaaba UK unveils December in Ghana 2026 events lineup
    October 19, 2026
    MzVee, Sista Afia, Ugoccie and Sefa celebrate life on new single ‘Enjoyment’
    October 16, 2026
    ‘There is life after cancer’ – Stephanie Benson
    October 15, 2026
    Stephanie Benson calls for performance schools in Ghana
    October 15, 2026
    Working alone is scary, but my fans keep me going – Larruso
    October 14, 2026
  • Sports
    SportsShow More
    UCL Match Day 3: PSG dominates Barca as Arsenal hold Bayern
    October 22, 2026
    GPL roundup: Medeama unbeaten run ends as Hearts and Kotoko get wins
    October 19, 2026
    Black Challenge fine-tune preparations for Mexico 2026 Amputee World Cup
    October 16, 2026
    Black Maidens name final squad for 2026 FIFA U-17 Women’s World Cup
    October 16, 2026
    UCL Match Day 2: Real Madrid and Barcelona get comeback wins as Manchester clubs suffer defeats
    October 15, 2026
  • Technology
    TechnologyShow More
    Dorcas Affo-Toffey engages Ceris Technologies on port digitalisation, cybersecurity
    October 22, 2026
    BoG Governor urges IMF to boost Africa’s AI and digital capabilities
    October 14, 2026
    One Million Coders Programme to create 100,000 digital jobs – Sam George
    October 13, 2026
    Yellow Card named Diamond finalist at the 2026 Money Awards
    October 1, 2026
    Samsung Galaxy Watch: A Healthier Heart Starts at Your Wrist
    October 1, 2026
  • International
    InternationalShow More
    Mahama meets UK Foreign Secretary Ed Miliband to strengthen Ghana-UK relations
    October 22, 2026
    UCL Match Day 3: PSG dominates Barca as Arsenal hold Bayern
    October 22, 2026
    President John Dramani Mahama advocates for clemency for 64 radio stations affected by NCA's regulatory shutdown, emphasising press freedom.
    ‘We are friends to all and enemies to none’ – Mahama courts global investors
    October 22, 2026
    Ghana pushes for IELTS exemption for students and professionals in UK
    October 22, 2026
    Over 1,000 Ghanaians secure jobs abroad through YEA Labour Exchange Programme – CEO
    October 21, 2026
  • Factometer
Search
© 2024 EIB Network Ltd. All Rights Reserved.
Reading: Instagram founders leave firm
Share
Notification Show More
Font ResizerAa
Starr FmStarr Fm
Font ResizerAa
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Search
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Have an existing account? Sign In
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
Technology

Instagram founders leave firm

Starrfm.com.gh
By Starrfm.com.gh
Published: September 25, 2018
Share
Kevin Systrom (R) and Mike Krieger continued to run Instagram after it was acquired by Facebook in 2012
Kevin Systrom (R) and Mike Krieger continued to run Instagram after it was acquired by Facebook in 2012
SHARE

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

Contents
  • What have the pair said?
  • How has Facebook responded?
  • So what’s behind the departures?

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

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

There had been reports of tension between the pair and Facebook, and the departures add to what has been a troubling year for the parent company.

Mr Systrom, 34, the CEO, and Mr Krieger, 32, the chief technical officer, started the image sharing site in 2010 and continued to run the service after it was acquired by Facebook.

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.”

He added: “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”.

How has Facebook responded?

CEO Mark Zuckerberg said in a statement that Instagram reflected the founders’ “combined creative talents”.

“I’ve learned a lot working with them for the past six years and have really enjoyed it,” he said. “I’m looking forward to seeing what they build next.”

So what’s behind the departures?

The BBC understands that tension started to grow between Mr Systrom and Mr Zuckerberg as far back as 2014 when Facebook purchased WhatsApp.

The social network spent $19bn on the chat app in 2014, and Instagram’s co-founder is said to have become concerned that he had sold out too soon.

He also saw Snapchat prosper – an app Facebook had tried and failed to take over.

“The irony is that Kevin built the more successful product,” one insider commented.

There are reports that Mr Systrom had sought to maintain Instagram’s independence and that this trickled down to make staff on Facebook and Instagram less inclined to be collaborative.

But there was pressure for their two apps to become more integrated, and features were added allowing, for example, Instagram Stories – videos that self-destruct after 24 hours – to be cross-posted to Facebook.

Despite remaining Instagram’s figurehead at product launches and other public appearances, Mr Systrom’s influence declined over time, a source told the BBC, as more Facebook executives were transferred to the photo service.

“Kevin maybe didn’t have the fight in him anymore and probably didn’t agree with some of the product decisions,” the source said. “This is just the natural end to an era.”

Source: BBC

AI and Journalism: A Double-Edged Sword for Press Freedom, Says Australian High Commissioner
Mahama inaugurates 18-member joint cyber security committee to strengthen digital safety
Infinix unveils latest AI Device, Note 5
Samsung Galaxy S8 hides home button and gains Bixby AI
ICT key to transforming Ghana’s economy – Bawumia
TAGGED:Facebookinstagram
Share This Article
Facebook Email Print
Share
Previous Article Double Tracking system Indication of Failure – Fifi Kwetey
Next Article President Akufo-Addo receiving the 2018 Oustanding Leader's Award Akufo-Addo receives 2018 Outstanding Leader’s award

Starr 103.5FM

Starr FmStarr Fm
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
newsletter icon
Join Us!
Subscribe to our newsletter and never miss our latest in news, podcasts etc..
[mc4wp_form]
Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?