Instagram co-founders’ news aggregation startup Artifact to shut down
Artifact, the news aggregator-turned social network from Instagram’s founders, is shutting down. On Friday, the startup announced via a blog post it had made the decision to “wind down operations” of the app launched over a year ago, saying that the market opportunity wasn’t big enough to warrant continued investment.
The team had rapidly iterated on its product from a SmartNews-like news reading app to a curation and news discovery platform where individual users could become creators of a sort, finding interesting…