Ji Zhenyu, the first line of Tencent, was released from Silicon Valley in September 26th.
Kevin Systrom and Mike Krieger, founders of Instagram, the photo sharing app, recently announced their resignation, adding to the recent troubles facing the social giant.
Facebook acquired Instagram in 2012 in the form of $1 billion in cash and stock, when the number of Instagram users was about 30 million, and now the number of users has reached an astonishing 1 billion or more.
In recent years, users on Facebook have lost interest in the platform, but with the popularity of sharing pictures and videos among young users, Instagram has become another important platform for attracting young users, keeping Facebook competitive with emerging social platforms such as Snapchat, and the acquisition has also been made. The outside world is considered one of the most successful acquisitions in the history of Facebook.
The two founders of Instagram have been dubbed the app's
In a statement released Monday, Instagram founder Kevin Systrom said he and another founder, Mike Krieger, were ready for the next step, suggesting they might be working on a new product.
Zuckerberg, Facebook's founder and CEO, said in a subsequent statement that he wished the two founders well and looked forward to their next step in creating a new product.
The sudden departure of the two founders has also raised concerns about the future of Instagram, a product that Facebook is expected to assign executives to run as a whole.
In addition to the departure of the founder of Instagram, two founders of Whatsapp, another instant messaging app that Facebook acquired in 2014, left earlier this year, and the inconsistency between Whatsapp's founder and Facebook's business philosophy became more public, with its founder Jan Koum publicly attacking Facebook users. Data privacy protection policy.
Facebook's recent downturn has been exacerbated by the frequent departures of its founders. The massive leak of user privacy data early this year has put Facebook in a crisis of confidence. The second quarter of this year's earnings report also showed that the social giant's growth has been markedly sluggish, with users and revenue on the rise. The growth rate was lower than expected, and the share price once suffered panic selling.