Instagram co-founders Systrom and Krieger leaving firm
Instagram’s chief executive Kevin Systrom has said he and co-founder Mike Krieger are leaving the firm.
Mr. Systrom, who heads the popular photo-sharing app launched in 2010, said they were taking some time off to “explore our curiosity and creativity”.
Instagram, which was purchased by Facebook in 2012 for $1bn (£76m), now has more than 1 billion users.
The departure comes amid reports of tension between Instagrams’ co-founders and Facebook’s leadership.
“We’re now ready for our next chapter,” Mr. Systrom said in a statement.
“Building new things requires that we step back, understand what inspires us and match that with what the world needs; that’s what we plan to do.”
WhatsApp chief executive and co-founder Jan Koum said in April he would quit the popular messaging service he co-founded in 2009 and sold to Facebook in 2014.
Iran nuclear deal: Plan put forward to dodge US sanctions
The remaining members in the Iranian nuclear deal say they will set up a new payment system to maintain business with Iran and bypass US sanctions.
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The system would facilitate oil companies and businesses to continue trading, without relying on the US-led global market and dollar.
Exactly how the system would work is still being determined.
Earlier this year, President Donald Trump pulled the US from the 2015 Iran nuclear deal and re-imposed sanctions.
The Joint Comprehensive Plan of action, as the nuclear deal is officially known, was negotiated during the US presidency of Barack Obama.
It saw Iran limit its nuclear activities in exchange for sanctions relief.
EU foreign policy chief Federica Mogherini announced the plan after talks at the UN with the remaining members of the accord – Britain, China, France, Germany, Russia.
A statement said they were determined to “protect the freedom of their economic operators to pursue legitimate business with Iran”.
