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realDonaldTrump writes:

Instagram Co-Founders to Step Down From Facebook

The two co-founders of Facebook Inc.'s popular Instagram app are stepping down, a move marking continued tumult at the social-networking giant.

The co-founders—Kevin Systrom, Instagram's chief executive, and Mike Krieger, chief technology officer—clashed with Facebook executives over the extent of Instagram's autonomy in recent months, according to people familiar with the matter. Earlier this year, Chief Executive Mark Zuckerberg shifted a senior Facebook executive, Adam Mosseri, over to Instagram in anticipation that the founders might leave, one of the people said.

Among other things, Facebook officials, including Mr. Zuckerberg, clashed with the co-founders over growth tactics and how to more rapidly expand the photo-sharing app's user base, another person said. Senior Facebook officials had known the two men were frustrated working within a large company and had begun making preparations for them to leave, another person familiar with the matter said.

Also at NYT, The Atlantic, and Gizmodo.

See also: Facebook's Terrible Year Hits a New Low: The departure of Instagram's founders is a particularly painful sting during a truly rotten year.

Related: Facebook's Instagram Valued at $100 Billion (It Was Purchased for $1 Billion)

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