Instagram co-founders leave firm (BBC)

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 again”.

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

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