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Instagram founders resign amid reports of tensions with Zuckerberg - IT PRO

Instagram's co-founders are stepping down from the Facebook-owned photo-sharing app, with reports of growing tensions against Mark Zuckerberg over the platform's direction. Kevin Systrom and Mike Krieger said they are resigning to “explore our ...

Instagram Co-Founders Resign from Facebook Amid Tensions with Mark Zuckerberg - Breitbart News

The two co-founders did not provide a reason for their sudden departure from the company, although tensions with Facebook CEO Mark Zuckerberg are widely considered to be behind the move. Both said that they planned to take some time off after leaving.

As Instagram's founders quit, Facebook swallows it whole - Wired.co.uk

One of the most important days in Facebook's recent history went by without much fanfare. It was May 8 when Chris Cox, a Stanford dropout who joined the firm in 2005, was promoted to the role of mini Mark Zuckerberg. As chief product officer, Cox's new ...

The Instagram founders snubbed Mark Zuckerberg in their original goodbye letter - AOL

Instagram cofounders Kevin Systrom and Mike Krieger announced they were quitting Facebook on Monday, but snubbed Facebook CEO Mark Zuckerberg in their goodbye letter. The pair did eventually mention Zuckerberg in an Instagram post, along with a ...

Systrom and Krieger Sold Instagram for $1 Billion. Now It's Worth $100 Billion - Bloomberg

Instagram founders Kevin Systrom and Mike Krieger are leaving Facebook Inc. after banging heads with Chief Executive Officer Mark Zuckerberg over the photo-sharing app's direction. They depart, however, with bragging rights: Instagram was purchased by ...

Cramer says Instagram founders lost in the 'clash of cultures' with Facebook CEO Mark Zuckerberg - CNBC

The sudden exits of Instagram's co-founders were due in part to losing in a "clash of cultures" with Facebook Chairman and CEO Mark Zuckerberg, according to CNBC's Jim Cramer. "When you have powerful personalities who really are at war in terms of just ...

Instagram founders exit Facebook as Zuckerberg tension grows - gulfnews.com

New York: The founders of Instagram are leaving Facebook Inc. after growing tensions with chief executive officer Mark Zuckerberg over the direction of the photo-sharing app, people familiar with the matter said. The stock dropped 2 per cent in pre ...

Facebook shares slip after Instagram founders quit - Reuters

Analysts said the departure of Kevin Systrom and Mike Krieger may have been the result of friction with Chief Executive Officer Mark Zuckerberg over how Facebook's fastest-growing revenue generator is run. “Our sense is the duo may have wanted to run ...

Instagram co-founders stepping down from Facebook - KHOU.com

In a statement, Facebook CEO Mark Zuckerberg called Systrom and Krieger "extraordinary product leaders." "I've learned a lot working with them for the past six years and have really enjoyed it. I wish them all the best and I'm looking forward to seeing ...

Instagram co-founders resign from social media company - Associated Press (press release) (blog)

Facebook CEO Mark Zuckerberg called Systrom and Krieger “extraordinary product leaders” and said he was looking forward “to seeing what they build next.” The departures are a challenge for Facebook. Instagram has been a bright spot for company not ...

Instagram departures hit Facebook shares - Eyewitness News

Bloomberg News reported late on Monday that the departure of Kevin Systrom and Mike Krieger was the result of tensions with Chief Executive Officer Mark Zuckerberg over the direction of Facebook's fastest-growing revenue generator. That fuelled ...

Riddle as Instagram co-founders RESIGN: Pair depart from Facebook-owned app to explore their 'curiosity and ... - Daily Mail

The pair's sudden departure follows frequent clashes with Facebook CEO Mark Zuckerberg over product changes to Instagram, including changes to comments and how posts are shared between the two networks, according to ReCode. 'We're planning on ...

Instagram co-founders resign over differences with Mark Zuckerberg - International Business Times, India Edition

The co-founders of Instagram have announced their exit from Facebook over differences with Chief Executive Officer Mark Zuckerberg on the direction of the photo-sharing app. The investors turned bearish on the development and the stocks tanked more ...

Recode Daily: Why Instagram's co-founders are leaving - Recode

But as Instagram becomes more important to Facebook's future, Facebook is exerting more control over the group — and that “frustration and agitation with Facebook CEO Mark Zuckerberg's increased meddling and control over Instagram,” led to their ...

Instagram founders resign to 'explore our curiosity and creativity again' - CNBC

Instagram had become something of Facebook's shining star. Several news outlets cited tension with Facebook and CEO Mark Zuckerberg as spurring the resignations. Facebook, which owns Instagram, continues to lose top executives during a year of ...

With Instagram's Founders Out, Welcome to Facebook, Inc - The Atlantic

If leadership is such an important part of business, as most people seem to believe, then this can't help but drive the company's star products closer to its central node, which is Mark Zuckerberg. A company with a remarkable and unusual ownership ...

Founders' exit puts Zuckerberg in the foreground at Instagram - Financial Times

... first years after its acquisition in 2012, because the parent company was riding high. As pressure mounted on Facebook, it was inevitable that Mark Zuckerberg and his team would want to squeeze more income from the imaging app and exert more control.

Facebook Posts an Ugly Snapshot of Instagram's Future - Washington Post

Mark Zuckerberg is starting to suck Facebook Inc.'s eponymous product dry as far as rapid growth is concerned. Next target: Instagram. That might explain the departure of Instagram co-founders Kevin Systrom and Mike Krieger. Six years after Zuckerberg ...

The departure of Instagram's founders reminds us who the real social media boss is - New Statesman

Reports over the years have suggested that Systrom, who served as Instagram's CEO, often clashed with Facebook founder Mark Zuckerberg about the future direction of Instagram. New leadership, chosen by Zuckerberg, is likely to argue less about the need ...

Facebook's plan to let companies it buys live independently is over - TechCrunch

Mark Zuckerberg was quick to realize that Facebook, the largest social network in the world, doesn't have a monopoly on all users nor can it bank on holding its position as top dog forever. Thus he instituted a policy of buying up promising rivals and ...

Mark Elliot Zuckerberg is an American computer programmer, Internet entrepreneur, and philanthropist. He is the chairman, chief executive officer and co-founder of social networking website Facebook. His net worth is estimated to be US$50 billion as of December 2016, ranking him the 5th richest person in the world.

Mark Zuckerberg
Zuckerberg in 2014
Born Mark Elliot Zuckerberg
(1984-05-14) May 14, 1984 (age 32)
White Plains, New York, U.S.
Residence Palo Alto, California, U.S.
Alma mater Harvard University (drop out)
Occupation Computer programmer, entrepreneur, philanthropist
Years active 2004–present
Known for Co-Founder of Facebook
Home town Dobbs Ferry, New York, U.S.
Salary One-dollar salary
Net worth Increase US$49.3 billion (December 2016)
Title Chairman and CEO of Facebook
Spouse(s) Priscilla Chan (m. 2012)
Children 1
Relatives Randi Zuckerberg (sister)
Website facebook.com/zuck
Signature
Mark Zuckerberg Signature.svg

Mark Elliot Zuckerberg (born May 14, 1984) is an American computer programmer, Internet entrepreneur, and philanthropist. He is the chairman, chief executive officer and co-founder of social networking website Facebook. His net worth is estimated to be US$50 billion as of December 2016, ranking him the 5th richest person in the world.

Together with his college roommates and fellow Harvard University students Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes, he launched Facebook from Harvard's dormitory rooms. The group then introduced Facebook to other campuses. Facebook expanded rapidly, with one billion users by 2012. Zuckerberg was involved in various legal disputes that were initiated by others in the group, who claimed a share of the company based upon their involvement during the development phase of Facebook.

In December 2012, Zuckerberg and his wife Priscilla Chan announced they would give the majority of their wealth over the course of their lives to "advancing human potential and promoting equality" in the spirit of The Giving Pledge. On December 1, 2015, they announced they would give 99% of their Facebook shares (worth about $45 billion at the time) to the Chan Zuckerberg Initiative.

Since 2010, Time magazine has named Zuckerberg among the 100 wealthiest and most influential people in the world as a part of its Person of the Year distinction. In December 2016, Zuckerberg was ranked 10th on Forbes list of The World's Most Powerful People.