Connect with us

Hi, what are you looking for?

Your Profit SpringYour Profit Spring

Tech News

Instagram’s co-founders are shutting down their Artifact news app

The Artifact news app. | Image: Artifact

Artifact, the news app created by Instagram co-founders Kevin Systrom and Mike Krieger, is shutting down just a year after launch. The app used an AI-driven approach to suggest news that users might like to read, but it seems it didn’t catch on with enough people for the Artifact team to continue making the app.

“We have built something that a core group of users love, but we have concluded that the market opportunity isn’t big enough to warrant continued investment in this way,” CEO Kevin Systrom says in a blog post. The app is beginning to wind down today. Users can no longer add new comments or posts, and Artifact will still let you read news “through the end of February.”

Since launching at the end of January 2023, Artifact has added…

Continue reading…

You May Also Like

Business

Chinese bargain retailer Temu changed its business model in the U.S. as the Trump administration’s new rules on low-value shipments took effect Friday. In recent days,...

Tech News

The latest Netflix app update will require Apple devices to run iOS 17 or later. | Illustration by Alex Castro / The Verge The...

Tech News

The new adaptive charging feature could help to save power and preserve the life of controller batteries. | Photo by Amelia Holowaty Krales /...

Business

U.S. pharmacy chain Rite Aid on Monday filed for bankruptcy protection for the second time in as many years, according to a court filing....