Instagram co founders resign as ceo and cto

You're referring to the recent news about Kevin Systrom and Mike Krieger, the co-founders of Instagram, resigning from their positions as CEO and CTO, respectively.

On September 24, 2018, Kevin Systrom and Mike Krieger announced that they would be leaving Instagram, which was acquired by Facebook in 2012. The news came as a surprise to many, as Systrom and Krieger had been instrumental in building Instagram into one of the most popular social media platforms in the world.

In a statement, Systrom and Krieger said that they had decided to leave Instagram to start a new chapter in their lives, but did not provide further details. Facebook's CEO, Mark Zuckerberg, thanked Systrom and Krieger for their contributions to the company and wished them well in their future endeavors.

Systrom and Krieger's departure from Instagram marked the end of an era for the company, which was founded in 2010 and quickly gained popularity for its unique photo-sharing features and filters. Under their leadership, Instagram grew to over 1 billion active users and became a major player in the social media landscape.

After Systrom and Krieger's departure, Adam Mosseri, who was previously the head of Facebook's News Feed, took over as the interim CEO of Instagram.