Instagram on Monday announced co-founders Kevin Systrom and Mike Krieger have resigned as chief executive officer and chief technical officer of the photo-sharing app owned by Facebook.

 Instagram co-founders Kevin Systrom & Mike Krieger resign

Facebook started entering discussions with major music labels in 2015 as it tried to figure out ways on how to integrate music into its platforms

Facebook strikes deal with Universal Music Group, can now use songs in videos

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Instagram co-founders Kevin Systrom & Mike Krieger resign

Facebook strikes deal with Universal Music Group, can now use songs in videos