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Instagram’s cofounders are leaving the company.

On Monday night, Kevin Systrom, CEO of the Facebook-owned photo-sharing app, announced that he and fellow cofounder Mike Krieger were departing the social media firm.

His statement came after a report from The New York Times that the duo had quit, and Bloomberg subsequently reported that the move came “after growing tensions with [Facebook’s] Chief Executive Officer Mark Zuckerberg over the direction of the product.”

Instagram has thus far been a bright spot in Facebook’s portfolio, largely (though not entirely) untainted by controversies – but the cofounder team’s departures raises questions about the direction and future of the wildly popular app.

To read more about the departures, click here.

In related news:

Kevin Systrom dropped clues last year about why he would hate Facebook meddling with Instagram. The Instagram founder made it clear how much he values Instagram’s independence, telling Recode that it’s important “not to meddle if things are going really well.”

5 red flags in the Instagram founders’ goodbye letter to Facebook that make it obvious there’s bad blood. A close look at the “farewell letter” reveals several breaches of etiquette that suggest this is not an amicable break up.

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In other news:

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Snapchat’s latest tool lets users point their cameras at products and buy them on Amazon. When Snapchat users spot an item they want more information on, they can point the app’s camera at the product or its barcode, pressing down on the screen until the app recognises the item.

Comcast’s $US39 billion bid for Sky throws uncertainty on the future of Hulu, Disneyflix, and Now TV. Hulu, a US streaming service with 20 million subscribers, shares ownership three ways: 60% Disney/Fox, 30% Comcast, and 10% AT&T.

‘Our show tries to be an alternative’: Inside Refinery29’s big bet to make a hit late-night show on Facebook Watch. The show is split into short segments that cover politics and pop culture.

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