Mike Krieger (L) and Kevin Systrom. Photo: Paul Zimmerman/Getty Images

Instagram co-founders Kevin Systrom and Mike Krieger have resigned and plan to leave the Facebook-owned company "in coming weeks," the New York Times' Mike Isaac first reported and Systrom later confirmed in a statement.

Our thought bubble: Instagram, which has become one of the most successful social media companies in the world under Systrom and Krieger, is seen as something of a savior for Facebook, providing a steady source of growth as its original platform stumbled. The photo-sharing app now has more than one billion users.

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Updated 22 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 3:30 p.m. ET: 12,373,722 — Total deaths: 556,863 — Total recoveries — 6,794,982Map.
  2. U.S.: Total confirmed cases as of 3:30 p.m. ET: 3,156,234 — Total deaths: 133,746 — Total recoveries: 969,111 — Total tested: 38,032,966Map.
  3. Public health: The U.S.'s new default strategy: herd immunity — 23 states and D.C. are mandating face coverings.
  4. ✈️ Travel: Delta CEO says Trump administration should issue mask mandate for air travelAirlines say air quality, cleanliness lower risk.

Biden and Trump point fingers over "buy American" proposals

Joe Biden at a campaign event in Wilmington, DE. Photo: Alex Wong/Getty Images

President Trump and Joe Biden are going back and forth over the former vice president's "buy American" economic proposal, which Trump claims Biden "plagiarized" from him.

Why it matters: Biden is directly challenging Trump and his "America First" agenda with the release of his latest plan, focused on economic recovery and re-investing in American manufacturing in the wake of the coronavirus pandemic.

3 hours ago - Technology

Amazon tells workers to delete TikTok from devices they use for work

Illustration: Aïda Amer/Axios

Amazon, citing security risks, told its employees Friday to uninstall social video app TikTok from any mobile devices they use to access their work email.

Why it matters: The move comes amid a broader backlash against TikTok, in part due to questions around possible ties to Beijing. TikTok is owned by Chinese tech firm ByteDance.