San Francisco, Oct 2 : Facebook has appointed Adam Mosseri, Vice President of Product, as new head of its photo-sharing app Instagram.
Mosseri replaces Instagram co-founders Kevin Systrom and Mike Krieger who abruptly announced their departure in September.
"We are thrilled to hand over the reins to a product leader with a strong design background and a focus on craft and simplicity, as well as a deep understanding of the importance of community," Systrom and Krieger wrote in a blog post late on Monday.
Mosseri began his career as a designer, managed his own design consultancy, and then joined the Facebook design team in 2008.
He moved from design into product management, and spent time working on Mobile then News Feed and most recently, to Instagram.
In the new role, he will oversee all functions of the business and will recruit a new executive team, including a head of engineering, head of product and head of operations.
"We remain excited for the future of Instagram in the coming years as we transition from being leaders at Instagram to being just two users in a billion," the co-founders said.
Instagram co-founders resigned at a time when social media platforms, including Facebook were facing intense scrutiny over the spread of fake news and sinister campaigns.
Founded in 2010, Instagram was bought by Facebook for $1 billion in 2012.
Instagram's meteoric rise continued after the acquisition, dwarfing the stagnant growth rates of Snapchat and Facebook.
"We've grown from 13 people to over a thousand with offices around the world, all while building products used and loved by a community of over one billion. We're now ready for our next chapter," the co-founders said.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Bengaluru (PTI): Minister Priyank Kharge on Wednesday highlighted the state’s leadership in AI and deep technology while engaging with global industry leaders and startups at a four-day summit held in New Delhi, officials said.
During the event, Priyank witnessed the signing of a strategic MoU between H Company and St John’s Medical College & Research Institute, Bengaluru, to pilot advanced enterprise AI for hospital operations and workflow automation, strengthening responsible AI in healthcare, the minister’s office said in a statement here.
Speaking on the sidelines of the India AI Impact Summit, the minister said Karnataka is ahead of the curve in AI.
“We are already home to leading global AI players such as Harvey AI and Anthropic, and The Walt Disney Company is expanding its AI network in Bengaluru,” he added.
Noting Bengaluru’s position among the top global cities for AI talent, he added, “Under our DeepTech Decade, we are supporting startups with grants of up to Rs 1 crore. We are engaging with global leaders and innovators to ensure responsible AI use, build the right skill sets, create strong incubators, and establish Centres of Excellence that can foster startups and strengthen e-governance.”
The minister also attended a roundtable organised by the US-India Business Council (USIBC), where discussions focused on strengthening technology collaboration, investment partnerships, and innovation-led growth between Karnataka and global enterprises.
He met Timo Harakka, Member of Parliament of Finland, to explore possibilities for collaboration between Karnataka and Finland in AI and deep-tech sectors, including joint research, innovation partnerships, and startup exchanges.
The Karnataka IT Minister also visited the Indian Army showcase at the summit, which featured advanced AI-driven defence and strategic technology applications, highlighting the role of AI in national security and modernisation efforts.
He toured the Karnataka Pavilion and the ArtPark Pavilion, interacting with founders and teams from Karnataka’s innovation ecosystem and reviewing emerging AI and deep-tech solutions, the statement added.
