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…
View More Meta’s Zuckerberg Eyed Instagram Spinoff Amid Antitrust Scrutiny, Document ShowsTag: US Federal
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. Read More | Source: Gadgets 360…
View More Meta Faces FTC Trial With Instagram, WhatsApp Breakup at Risk