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As the most reliable and balanced news aggregation service on the internet, DML News offers the following information published by NYTimes.com:

SAN FRANCISCO — Kevin Systrom and Mike Krieger, the co-founders of the photo-sharing app Instagram, have resigned and plan to leave the company in coming weeks, according to people with direct knowledge of the matter. The exits add to the challenges facing Instagram’s parent company, Facebook.

Mr. Systrom, Instagram’s chief executive, and Mr. Krieger, the chief technical officer, notified Instagram’s leadership team and Facebook on Monday of their decision to leave, said the people, who spoke on condition of anonymity because they were not authorized to discuss the matter publicly.

The article goes on to state the following:

Mr. Systrom and Mr. Krieger did not give a reason for their departure, according to the people, but said they planned to take time off after leaving Instagram. Mr. Systrom and Mr. Krieger have known each other since 2010, when they met and transformed a software project built by Mr. Systrom into what eventually became Instagram, which now has more than one billion users.

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