, Columnist
Facebook’s Terrible Year Hits a New Low
The departure of Instagram’s founders is a particularly painful sting during a truly rotten year.
More than bad optics.
Photographer: Chandan Khanna/AFP/Getty Images
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It’s been a bad year for Facebook Inc. OK, a truly terrible year. It just got even worse.
The founders of Instagram, the photo-and-video app that Facebook agreed to buy shortly before its 2012 IPO, are leaving the company. Bloomberg News reported that the founders, Kevin Systrom and Mike Krieger, grew frustrated as Facebook impinged on their autonomy.