Instagram has thus far been a bright spot in Facebook's portfolio, largely (though not entirely) untainted by controversies - but the cofounder team's departures raises questions about the direction and future of the wildly popular app.
Since Instagram started in 2010, its grown to over a billion users.
The move by the two to leave Instagram follows the same path that Jan Koum, who is WhatsApp's co-founder, took in April when he left the messaging-app company which was also bought by Facebook. "Kevin and Mike are extraordinary product leaders and Instagram reflects their combined creative talents", wrote Zuckerberg. "ORCRP0017763-topic.html" class="local_link" >WhatsApp, Facebook's largest acquisition, and its influential head of policy and communications.
"Instagram has more heavy usage of Stories, so that's an area of continued growth opportunity because the effective levels of monetization in Stories are lower", Mr. Wehner said.
ABC managing director Michelle Guthrie ejected - Strategy
In a statement on Monday morning, the ABC announced Guthrie had left the position, effective immediately. He said it was an honour to lead the corporation.
"One of the key hallmarks of Instagram has been its independence and uniqueness from Facebook".
The founders of Instagram plan to step down from parent company Facebook in the coming weeks.
"In a sense, Facebook, which was once itself an upstart, has now become the establishment", said Stephen Allan, world-wide chairman and CEO of Mediacom, a media agency owned by ad giant WPP PLC.
That led to a reshuffling of Facebook's executive ranks, increasing Zuckerberg's ability to influence day-to-day operations. Facebook recently disclosed that it had deleted hundreds of pages across Instagram and its main social network linked to global misinformation campaigns meant to disrupt elections.
A similar conflict was also seen regarding pushing Facebook notifications inside Instagram and a Facebook button inside Instagram's settings.
Kavanaugh's accuser agrees to testify before Senate
That's because the Iowa Republican's tweet read like a direct message to Supreme Court nominee Brett Kavanaugh . The lawyers also said it is not clear who, from the Republican majority, will question Ford.
In the meantime, investors may be showing signs of concerns with the stock trading lower by more than 2 percent to $161.85 early Tuesday morning.
"I'll still be cheering WhatsApp on - just from the outside", he said at the time.
Systrom said in a statement on Monday that he and Krieger are "ready for our next chapter" that includes "building new things".
Instagram is growing faster than Facebook's core app. It is still seen as a more uplifting place than Facebook, escaping fallout from scandals such as that around Cambridge Analytica. "In the near term, we expect Facebook shares to come under meaningful pressure from the departures".
Efficient Pliskova proves too strong for 'tired' Osaka
The frustration boiled over when Osaka double faulted in the ninth game of the second set to set up Pliskova's second break. Both players are in the top 10 in terms of number of aces served on the tour this year.