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Mark Zuckerberg defends Meta’s social media acquisitions in first day of antitrust trial
Meta CEO Mark Zuckerberg took the witness stand Monday to defend his company against accusations by the Federal Trade Commission that it bought competing social media companies to dominate the market ...
Zuckerberg, on Witness Stand, Rebuffs Claims Meta Monopolizes Social-Media Market
WASHINGTON— Mark Zuckerberg defended his company against allegations that Meta Platforms META -4.75% is an unlawful ...
The New York Times3d
U.S. Prepares to Challenge Meta’s Social Media Dominance
Meta has countered that it faces ample competition in social media from TikTok, Snap, Reddit and LinkedIn, and that regulators approved the acquisitions at the time. The company also hasn’t ...
Mark Zuckerberg defends Meta in social media monopoly trial
Meta boss Mark Zuckerberg has taken the witness stand in a landmark antitrust trial to defend his company against allegations ...
At US Antitrust Trial, Meta's Zuckerberg Admits He Bought Instagram Because It Was 'Better'
Mark Zuckerberg admits he acquired Instagram for its superior camera, revealing insights into Meta's antitrust trial strategy.
What smart people are saying about Meta's argument that it's not a social media monopoly
The FTC took Meta to trial, arguing it's a monopoly and should sell off Instagram and WhatsApp.Meta says the true "market" ...
The Straits Times2d
US prepares to challenge Meta’s social media dominance
WASHINGTON – Soon after Mark Zuckerberg co-founded Facebook in his Harvard University dorm room in 2004, the social network skyrocketed in popularity. Roughly a decade later, the company ...
Yahoo Finance2d
Meta: Facebook owner could be forced to sell off Instagram and WhatsApp
Social media giant Meta could be forced to sell off Instagram and WhatsApp as a legal battle begins in the US. Owned by billionaire Mark Zuckerberg, the tech business which also owns Facebook bought ...
The Hindu6d
US takes aim at Meta CEO Mark Zuckerberg's social media kingdom
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 ...
New York Sun3d
Trump Administration Ready To Chop Zuckerberg’s Social Media Giant Meta Down to Size
Meta may be about to meet its maker. The social media giant is headed for a life-or-death trial that could force Mark Zuckerberg’s company to break up Facebook, Instagram, and WhatsApp. On Monday, the ...
Business Insider5d
Meta earnings: See the social media giant's financial history, dividends, and growth expected from projections
Meta Platforms, the Silicon Valley parent company of social media sites Facebook, Instagram, and Threads, the messaging app WhatsApp, and more, releases its earnings quarterly. CEO and chairman ...
Fox Business6d
Whistleblower tells Senate committee that Meta undermined US national security to cozy up to China
A whistleblower on Wednesday told congressional lawmakers that Facebook founder Mark Zuckerberg and other executives lied to Congress as Meta actively tried to help China develop artificial ...