The co-founders of Instagram are resigning their positions with the social media company without explanation. "Mike and I are grateful for the last eight years at Instagram and six years with the Facebook team," Systrom said. Sold to Facebook in 2012No explanation was given for their sudden departure from the photo-sharing network they founded in 2010. Since then, the service has grown to more than 1 billion users and has, of course, added plenty of advertisements. "The challenge with Instagram has always been balancing its strong desire for independence, with the need to make Instagram a part of the Facebook machine," said eMarketer analyst Debra Aho Williamson.

Source: CBC News September 25, 2018 17:15 UTC