Kevin Systrom and Mike Krieger, the co-founders of Instagram, are leaving the company, saying they plan on "taking some time off to explore our curiosity and creativity again."
They founded the photo-sharing app in 2010 and sold it to Facebook for $1 billion in 2012. Systrom is the company's CEO and Krieger the chief technology officer, and in a blog post Monday night, Systrom said in order to build something new, they need to "step back, understand what inspires us, and match that with what the world needs."
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
How much of a blow is ICC arrest warrant for Netanyahu?Today's Big Question Action by Hague court damages Israel's narrative that Gaza conflict is a war between 'good and evil'
-
UK gynaecological care crisis: why thousands of women are left in painThe Explainer Waiting times have tripled over the past decade thanks to lack of prioritisation or funding for women's health
-
'The Hum': the real-life noise behind The ListenersIn The Spotlight Can some of us also hear the disturbing sound that plagues characters in the hit TV show – and where is it coming from?
-
DOJ seeks breakup of Google, ChromeSpeed Read The Justice Department aims to force Google to sell off Chrome and make other changes to rectify its illegal search monopoly
-
Racist texts tell Black people in US to prepare for slaverySpeed Read Recipients in at least a dozen states have been told to prepare to 'pick cotton' on slave plantations
-
Australia proposes social media ban before age 16Speed Read Australia proposes social media ban before age 16
-
FTC bans fake online product reviewsSpeed Read The agency will enforce fines of up to $51,744 per violation
-
States sue TikTok over children's mental healthSpeed Read The lawsuit was filed by 13 states and Washington, D.C.
-
Amazon ending 'Just Walk Out' grocery checkoutSpeed Read In its place, the company will let customers scan while they shop with Amazon Dash Cart
-
Justice Department bites Apple with iPhone suitSpeed Read The lawsuit alleges that the tech company monopolized the smartphone industry
-
House votes to force TikTok to sell or face US banspeed read The House passed a bill to ban TikTok on national security grounds unless it sells to a non-Chinese company
