Instagram

Instagram co-founders resign from FB

MNA Tech Desk: Kevin Systrom and Mike Krieger, who co-founded Instagram eight years ago, are leaving the service’s parent company, Facebook.

The news of their departure comes from The New York Times, and is corroborated by a statement from Systrom. The duo have resigned from the company and will leave in the coming weeks.

Instagram has come a long way since it first evolved from a location check-in app called Burbn into a photo sharing network back in 2010. It was sold to Facebook for $1 billion a couple of years later, and is closing in on a billion users worldwide – making it the third largest social network on the planet.

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