Facebook is tightening its grip on Instagram

Instagram will soon be without its founders for the first time ever. 

With CEO Kevin Systrom and CTO Mike Krieger leaving soon, the future of the photo-sharing app will be much more controlled by Facebook executives, which could have big implications for the service.

News of the departures sent shockwaves around Silicon Valley, primarily because it was so unexpected. Though it’s common for founders to depart a company after an acquisition, Instagram’s founding duo has long been an exception. 

The abrupt nature of the news itself, which broke late Monday night, immediately gave rise to rumors that the resignations had come as the result of some greater falling out with Facebook’s upper management.  Read more…

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Source: Mashable | Facebook is tightening its grip on Instagram