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Stock impact report

With founders out, Instagram is poised to turn into Facebook 2.0 [MSN Money]

Meta Platforms, Inc. - Class A (FB) 
Last meta platforms, inc. - class a earnings: 4/29 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.fb.com/home/default.aspx
Company Research Source: MSN Money
© Provided by BGR If you’re a fan of Instagram, and many hundreds of millions of you are, there are plenty of reasons to be worried about a pair of resignations that came out of nowhere Monday night, sent tech Twitter into a tizzy and signaled the arrival of a significant new chapter for the biggest social networking company on the planet. We’re talking, of course, about the surprise departures of Instagram co-founders Kevin Systrom and Mike Krieger, who gave a short statement about the news that’s arguably more notable for what it doesn’t say than what it does. Load Error Even before we got to this point, Instagram was already becoming a vastly more crucial piece of the Facebook portfolio of companies and services. People were spending more time there. People still loved it, to a degree that they haven’t loved Facebook for years now, if they ever did. It’s become a significant driver of small business traffic. And when you consider Stories, GIFs, stickers a Show less Read more
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