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Zuckerberg Considered "Spinning Instagram Out" Over Antitrust Worries
Meta CEO Mark Zuckerberg once considered separating Instagram from its parent company due to worries about antitrust litigation, according to an email shown Tuesday on the second day of an antitrust trial.
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Meta's Zuckerberg Eyed Instagram Spinoff Amid Antitrust Scrutiny, Document Shows
Meta CEO Mark Zuckerberg considered spinning off Instagram in 2018 over concerns about growing risk of antitrust scrutiny. The document was shown during Zuckerberg's second day of testimony at the high-stakes trial, in which the Us Federal Trade Commission is seeking to unwind Meta's acquisitions of prized assets Instagram and WhatsApp.
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Facebook Added "Value" To Instagram: Mark Zuckerberg At US Antitrust Trial
Social media titan Mark Zuckerberg testified for a second day Tuesday in a landmark US antitrust trial, defending his conglomerate Meta against accusations it took over Instagram and WhatsApp to devour budding competitors.
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Meta's Mark Zuckerberg Disputes US Antitrust Case in Trial Testimony
Mark Zuckerberg testified in a US antitrust trial this week. The FTC is seeking to force Meta to restructure Instagram and WhatsApp, challenging its reliance on ad revenue and its dominance in the social networking space. Meta has argued that its purchases of Instagram in 2012 and WhatsApp in 2014 have benefited users.
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Mark Zuckerberg Testifies At Landmark Antitrust Trial That Could Force Him To Sell Instagram
Meta chief and co-founder Mark Zuckerberg took the stand Monday in a landmark US anti-trust trial in which his social media juggernaut stands accused of abusing its market power to acquire Instagram and WhatsApp before they could become competitors.
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Landmark US Antitrust Trial Could Force Zuckerberg To Sell Instagram
The Meta case is being made by the Federal Trade Commission (FTC), the powerful US consumer protection agency, and could see the owner of Facebook forced to divest Instagram and WhatsApp.
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Meta Faces FTC Trial With Instagram, WhatsApp Breakup at Risk
The US Federal Trade Commission is targeting Meta's deals for Instagram and WhatsApp in a landmark antitrust lawsuit set to go to trial Monday, alleging that the acquisitions were illegal, should never have been approved and should be broken up.
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Meta To Face Trial In US Over Instagram, WhatsApp Acquisitions
Barring any eleventh-hour intervention, social media juggernaut Meta will stand trial next week facing serious US government allegations that it abused its market power to acquire Instagram and WhatsApp before they could become competitors.
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Meta Will Face Antitrust Trial Over Instagram, WhatsApp Acquisitions
Meta will be facing a trial in a US Federal Trade Commission lawsuit seeking its break-up over claims that it bought Instagram and WhatsApp to crush emerging competition in social media.
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Meta, X And TikTok CEOs To Face US Senate Questioning Over Child Safety
Meta CEO Mark Zuckerberg and the chief executives of X, TikTok, Discord and Snap face a grilling by US lawmakers on Wednesday over the dangers that social media platforms bring to children and teens.
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Meta, Sued By US Startup For "Stealing" Its Trade Secrets, To Face Trial
Meta will have to face a trial over accusations that it took Neural Magic's algorithms that enable AI systems to process information more quickly, the court said.
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Meta Gets Nod to Buy VR Content Maker Within Unlimited as FTC's Request Gets Denied
Meta may not go ahead in its deal to buy virtual reality content maker Within Unlimited as a judge on Friday released a ruling denying the Federal Trade Commission's request to stop the acquisition. The regulator had concerns that the deal would reduce competition in a new market. A December trial to decide if Meta could go forward with the relativ...
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Meta Seeks Secret Information From Rivals, Over 100 Firms Subpoenaed in FTC Lawsuit
Meta reportedly subpoenaed 132 companies, including social media firms and rivals like Snap, TikTok, Pinterest, LinkedIn, and Clubhouse. The Facebook parent company is looking for details from its rivals to fight a 2020 US Federal Trade Commission lawsuit alleging that it monopolised the social media market after it acquired messaging app WhatsApp ...
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Zuckerberg Considered "Spinning Instagram Out" Over Antitrust Worries
Meta CEO Mark Zuckerberg once considered separating Instagram from its parent company due to worries about antitrust litigation, according to an email shown Tuesday on the second day of an antitrust trial.
-
Meta's Zuckerberg Eyed Instagram Spinoff Amid Antitrust Scrutiny, Document Shows
Meta CEO Mark Zuckerberg considered spinning off Instagram in 2018 over concerns about growing risk of antitrust scrutiny. The document was shown during Zuckerberg's second day of testimony at the high-stakes trial, in which the Us Federal Trade Commission is seeking to unwind Meta's acquisitions of prized assets Instagram and WhatsApp.
-
Facebook Added "Value" To Instagram: Mark Zuckerberg At US Antitrust Trial
Social media titan Mark Zuckerberg testified for a second day Tuesday in a landmark US antitrust trial, defending his conglomerate Meta against accusations it took over Instagram and WhatsApp to devour budding competitors.
-
Meta's Mark Zuckerberg Disputes US Antitrust Case in Trial Testimony
Mark Zuckerberg testified in a US antitrust trial this week. The FTC is seeking to force Meta to restructure Instagram and WhatsApp, challenging its reliance on ad revenue and its dominance in the social networking space. Meta has argued that its purchases of Instagram in 2012 and WhatsApp in 2014 have benefited users.
-
Mark Zuckerberg Testifies At Landmark Antitrust Trial That Could Force Him To Sell Instagram
Meta chief and co-founder Mark Zuckerberg took the stand Monday in a landmark US anti-trust trial in which his social media juggernaut stands accused of abusing its market power to acquire Instagram and WhatsApp before they could become competitors.
-
Landmark US Antitrust Trial Could Force Zuckerberg To Sell Instagram
The Meta case is being made by the Federal Trade Commission (FTC), the powerful US consumer protection agency, and could see the owner of Facebook forced to divest Instagram and WhatsApp.
-
Meta Faces FTC Trial With Instagram, WhatsApp Breakup at Risk
The US Federal Trade Commission is targeting Meta's deals for Instagram and WhatsApp in a landmark antitrust lawsuit set to go to trial Monday, alleging that the acquisitions were illegal, should never have been approved and should be broken up.
-
Meta To Face Trial In US Over Instagram, WhatsApp Acquisitions
Barring any eleventh-hour intervention, social media juggernaut Meta will stand trial next week facing serious US government allegations that it abused its market power to acquire Instagram and WhatsApp before they could become competitors.
-
Meta Will Face Antitrust Trial Over Instagram, WhatsApp Acquisitions
Meta will be facing a trial in a US Federal Trade Commission lawsuit seeking its break-up over claims that it bought Instagram and WhatsApp to crush emerging competition in social media.
-
Meta, X And TikTok CEOs To Face US Senate Questioning Over Child Safety
Meta CEO Mark Zuckerberg and the chief executives of X, TikTok, Discord and Snap face a grilling by US lawmakers on Wednesday over the dangers that social media platforms bring to children and teens.
-
Meta, Sued By US Startup For "Stealing" Its Trade Secrets, To Face Trial
Meta will have to face a trial over accusations that it took Neural Magic's algorithms that enable AI systems to process information more quickly, the court said.
-
Meta Gets Nod to Buy VR Content Maker Within Unlimited as FTC's Request Gets Denied
Meta may not go ahead in its deal to buy virtual reality content maker Within Unlimited as a judge on Friday released a ruling denying the Federal Trade Commission's request to stop the acquisition. The regulator had concerns that the deal would reduce competition in a new market. A December trial to decide if Meta could go forward with the relativ...
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Meta Seeks Secret Information From Rivals, Over 100 Firms Subpoenaed in FTC Lawsuit
Meta reportedly subpoenaed 132 companies, including social media firms and rivals like Snap, TikTok, Pinterest, LinkedIn, and Clubhouse. The Facebook parent company is looking for details from its rivals to fight a 2020 US Federal Trade Commission lawsuit alleging that it monopolised the social media market after it acquired messaging app WhatsApp ...
