Years after the Federal Trade Commission sued Meta in a bid to halt acquisitions of Instagram and WhatsApp, the trial that will shape its future is finally underway. The trial kicked off last month when CEO Mark Zuckerberg took the stand, and it’s expected to last several weeks.<br /> Facebook’s 2012 acquisition of Instagram is a central part of the FTC’s case against Meta. The government says Zuckerberg bought Instagram to neutralize it as a competitor. When Instagram’s cofounder and former CEO Kevin Systrom took the stand, he didn’t exactly defend the move. While Zuckerberg had testified Meta had helped Instagram grow, Systrom testified Zuckerberg saw Instagram as a “threat” to Facebook’s growth and intentionally withheld company resources.<br /> Further still [...]
Some of the most successful creators on Facebook aren't names you'd ever recognize. In fact, many of their pages don't have a face or recognizable persona attached. Instead, they run pa [...]
The FTC just rested its case following weeks of testimony in a landmark antitrust case against Meta. But before Meta can begin its defense, the company's lawyers have opted for another move: aski [...]