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Instagram’s co-founders to exit company

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The co-founders of the photo-sharing app Instagram are exiting the company in the coming weeks.

Kevin Systrom, CEO of Instagram, and Mike Krieger, chief technical officer, did not provide a specific reason for stepping down from the company now owned by Facebook.

Systrom in a statement said he and Krieger were “ready for our next chapter." He hinted they would create something new.

Read more from The New York Times.

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