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Instagram CEO Departs—Is Facebook to Blame?

Instagram CEO Departs—Is Facebook to Blame?

Instagram, Facebook’s (FB) photo-sharing app, shook the company recently when its two founders, Kevin Systrom and Mike Krieger, announced on September 24 that they would be stepping down. In 2010, Systrom and Krieger cofounded Instagram, which was acquired by social media giant Facebook in 2012 for $1 billion.