Zuckerberg tells court he made WhatsApp and Instagram better
Zuckerberg tells court he made WhatsApp and Instagram better Zuckerberg testified for 13 hours over three days in a Federal Trade Commission antitrust lawsuit to defend Meta’s acquisition of WhatsApp and Instagram. The FTC argues that Zuckerberg bought these apps to eliminate competition, not to improve them, citing concerns about private messaging apps becoming social […]
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Mark Zuckerberg suggested spinning off Instagram
Mark Zuckerberg suggested spinning off Instagram Mark Zuckerberg suggested spinning off Instagram as a separate company around 2018, citing the potential for increased performance after break-up. Zuckerberg’s internal memo was displayed in court during his testimony in an FTC anti-monopoly case against Meta. Meta acquired Instagram in 2012 and WhatsApp in 2014, with Zuckerberg sensing […]
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