Instagram tells third party apps to cease using 'insta' and 'gram' in their name
theverge.com
theverge.com
For me it is similar; I'll have to update the @instadesk Twitter and Instagram accounts, care about a domain, rename the app, and probably confuse tons of users that start the app by entering the name into Spotlight on the Mac, and suddenly, after the newest updated, the spotlight search will result empty and they'll think the update deleted the app.
It is all in all an awful situation.