CALIFORNIA (Reuters) - Facebook Inc’s Instagram announced that long-term insider Adam Mosseri will take over as the new head of the photo-sharing app, a week after its co-founders resigned.
Mosseri, who joined Facebook in 2008, was most recently Instagram’s vice president of product. He had previously overseen Facebook’s news feed and spent a decade working closely with Facebook’s Chief Executive Officer Mark Zuckerberg.
In a blog post the company's said Mosseri will oversee all functions of the business and will recruit a new executive team.
Co-founders Kevin Systrom and Mike Krieger resigned as chief executive officer and chief technical officer of Instagram last week giving scant explanation for the move.
Their departure from Instagram, Facebook’s fastest-growing revenue generator, followed the exit of Jan Koum, co-founder of Facebook-owned messaging app WhatsApp.
Last week, Systrom and Krieger said they planned to take time off and explore their “curiosity and creativity again”.
Shares of Facebook were down 1.3 percent at $162.35.
About 92 News HD Live Main TV Channel of Pakistan:
92 News (also known as 92 News HD Plus (Channel 92) is a conservative Urdu language TV channel based in Lahore, Pakistan.
Mian Muhammad Hanif is the chairman of the channel.
This TV channel is a subsidiary of Madinah Group under Galaxy Media Group.
The channel's name, 92, is to celebrate the 1992 Cricket World Cup won by Pakistan. The number 92 is also the telephone country calling code of Pakistan, which is another major reason behind the channel's name.
92 News HD is Pakistan’s first HD Plus News Channel. Aims to bring credible & responsible News & important stories from Pakistan & around the World
We bring you Latest Pakistani and International News at 92 News Hd Plus to Read and Watch
We believe in genuine and true journalism, we do not prevail sensation just for ratings.
We do not hide news but never tend to add any unethical content or angling that goes against the norms of our religion Islam and Pakistan's culture.
تازہ ترین خبریں حاصل کرنے کے لیے فوری اطلاع کی اجازت دیں
آپ کسی بھی وقت دائیں طرف نیچے بیل آئیکن پر صرف ایک کلک کے ذریعے آسانی سے سبسکرائب کر سکتے ہیں۔