Instagram's CEO Talks Twitter

Instagram CEO Kevin Systrom opened up last week with his thoughts on competitor Twitter, and how his company plans on taking them on. The two companies, which generally provide different services (image vs. text), have become increasingly alike in recent months and even gone head to head on rival features like photo filtering and video. But one of Systrom's main points on the rivalry was that "Instagram is solving a very different problem than Twitter – allowing you to literally teleport anywhere in the world, whether it's with your friends or news. I feel like one day we'll wake up and Instagram will be this real-time view into the world as it happens." Read more of his thoughts on Twitter here.