`` We 're going to see Instagram evolve in really interesting ways , '' co-founder says . CEO Kevin Systrom said Instagram will introduce `` channels '' to organize data flow . '" The idea is that you can have a single place where people are posting photos and videos of themselves interacting with each other on the site. Facebook acquired Instagram , a mobile photo-sharing app , for $ 1 billion in April .
`` We 're going to see Instagram evolve in really interesting ways , '' co-founder says . CEO Kevin Systrom said Instagram will introduce `` channels '' to organize data flow . Instagram hopes to curate older content and become more timeless . Facebook acquired Instagram , a mobile photo-sharing app , for $ 1 billion in April .