Tag #Meta

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cnn.com

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Apr 17, 04:11

Zuckerberg Testifies in Meta Antitrust Trial, Reveals Past Plans to Spin Off Instagram

Meta CEO Mark Zuckerberg defended Meta's acquisition of Instagram and WhatsApp during an antitrust trial, revealing that he'd previously considered spinning off Instagram to mitigate potential regulatory pressure, but ultimately decided to maintain all apps, leading to the current FTC lawsuit.

Zuckerberg Testifies in Meta Antitrust Trial, Reveals Past Plans to Spin Off Instagram

Meta CEO Mark Zuckerberg defended Meta's acquisition of Instagram and WhatsApp during an antitrust trial, revealing that he'd previously considered spinning off Instagram to mitigate potential regulatory pressure, but ultimately decided to maintain all apps, leading to the current FTC lawsuit.

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What immediate impact could the outcome of the FTC lawsuit against Meta have on the social media market?

Meta CEO Mark Zuckerberg testified in an antitrust lawsuit, defending Meta's acquisitions of Instagram and WhatsApp. He revealed internal discussions about potentially spinning off Instagram due to growing calls for breaking up big tech companies. This strategy was considered to improve performance but ultimately wasn't implemented.

us.cnn.com

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Apr 17, 04:12

Zuckerberg Defends Meta Acquisitions Amid Antitrust Lawsuit

Mark Zuckerberg defended Meta's acquisitions of Instagram and WhatsApp during an antitrust lawsuit, revealing internal concerns about competition and potential spin-offs, contradicting the FTC's claim of an illegal monopoly.

Zuckerberg Defends Meta Acquisitions Amid Antitrust Lawsuit

Mark Zuckerberg defended Meta's acquisitions of Instagram and WhatsApp during an antitrust lawsuit, revealing internal concerns about competition and potential spin-offs, contradicting the FTC's claim of an illegal monopoly.

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What immediate impact could the FTC lawsuit have on Meta's business model and market position?

Meta CEO Mark Zuckerberg testified in an antitrust lawsuit, defending Meta's acquisitions of Instagram and WhatsApp. He revealed internal discussions from years prior about potentially spinning off Instagram due to concerns about antitrust pressure and the belief that splitting up could improve individual company performance. This directly contradicts the FTC's claim that the acquisitions created an illegal monopoly.

foxnews.com

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Apr 16, 10:09

FTC Sues Meta, Zuckerberg Testifies in Antitrust Trial

The Federal Trade Commission is suing Meta for allegedly stifling competition through its acquisitions of Instagram and WhatsApp; Mark Zuckerberg testified in court defending his actions.

FTC Sues Meta, Zuckerberg Testifies in Antitrust Trial

The Federal Trade Commission is suing Meta for allegedly stifling competition through its acquisitions of Instagram and WhatsApp; Mark Zuckerberg testified in court defending his actions.

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How did Zuckerberg justify Meta's acquisitions of Instagram and WhatsApp, and what evidence was presented to support his claims?

Zuckerberg's testimony highlighted the intense competition in the social media and digital content landscape, with Meta facing numerous rivals for user attention. His justifications for acquiring Instagram and WhatsApp centered on preemptive measures against potential competitors.

bbc.com

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Apr 15, 22:17

FTC Sues Meta, Seeking Divestiture of Instagram and WhatsApp

A historic antitrust lawsuit against Meta opened Monday, with the FTC alleging Meta illegally bought Instagram and WhatsApp to eliminate competition; a win could force Mark Zuckerberg to divest these platforms.

FTC Sues Meta, Seeking Divestiture of Instagram and WhatsApp

A historic antitrust lawsuit against Meta opened Monday, with the FTC alleging Meta illegally bought Instagram and WhatsApp to eliminate competition; a win could force Mark Zuckerberg to divest these platforms.

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How did Meta's acquisitions of Instagram and WhatsApp allegedly violate antitrust laws?

The FTC's case hinges on evidence suggesting Meta prioritized buying out competitors rather than facing competition. Internal communications from Zuckerberg, including a 2012 memo mentioning "neutralizing" Instagram, are presented as key evidence. Meta counters that these acquisitions enhanced user experience and that it faces competition from other apps.

elmundo.es

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Apr 15, 04:10

Zuckerberg Defends Meta Acquisitions in Antitrust Trial

In a Washington D.C. antitrust trial, Mark Zuckerberg defended Meta's acquisition of Instagram and WhatsApp, with prosecutors arguing these moves stifled competition; the trial is focusing on emails and messages detailing the acquisitions and their potential anti-competitive impact.

Zuckerberg Defends Meta Acquisitions in Antitrust Trial

In a Washington D.C. antitrust trial, Mark Zuckerberg defended Meta's acquisition of Instagram and WhatsApp, with prosecutors arguing these moves stifled competition; the trial is focusing on emails and messages detailing the acquisitions and their potential anti-competitive impact.

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What long-term implications will this trial have on the regulation of mergers and acquisitions in the technology sector, particularly concerning social media platforms?

This trial will likely set a significant legal precedent for future tech acquisitions. The arguments regarding whether these acquisitions stifled competition versus fostered innovation will be key in determining the outcome and have lasting effects on industry mergers and acquisitions. The evolving nature of Facebook, from connecting friends to a 'discovery engine,' adds a layer of complexity to the case.

politico.eu

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Apr 15, 22:17

EU Delays Fines on Apple and Meta Amid US Trade Tensions

The European Commission has delayed imposing fines on Apple and Meta for violating the EU's Digital Markets Act (DMA), past its self-imposed March 28th deadline, amid rising trade tensions with the United States which threaten retaliatory tariffs.

EU Delays Fines on Apple and Meta Amid US Trade Tensions

The European Commission has delayed imposing fines on Apple and Meta for violating the EU's Digital Markets Act (DMA), past its self-imposed March 28th deadline, amid rising trade tensions with the United States which threaten retaliatory tariffs.

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Peace, Justice, and Strong Institutions

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How do the ongoing trade tensions between the US and EU influence the Commission's decision-making process regarding the DMA fines?

The delay in imposing penalties is linked to US trade threats and retaliatory tariffs if the EU enforces the DMA against American tech companies. This situation highlights the complexities of balancing the EU's regulatory goals with its geopolitical relationship with the US. The uncertainty surrounding the timing and amount of potential penalties creates significant uncertainty for the tech companies involved and broader market confidence.

abcnews.go.com

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Apr 17, 04:12

Zuckerberg Testifies in Meta Antitrust Trial

In a federal court antitrust trial, Meta CEO Mark Zuckerberg testified that his acquisitions of Instagram in 2012 for $1 billion and WhatsApp in 2014 for $22 billion were strategic investments to improve his company's offerings, not to eliminate competition, directly contradicting the Federal Trade ...

Zuckerberg Testifies in Meta Antitrust Trial

In a federal court antitrust trial, Meta CEO Mark Zuckerberg testified that his acquisitions of Instagram in 2012 for $1 billion and WhatsApp in 2014 for $22 billion were strategic investments to improve his company's offerings, not to eliminate competition, directly contradicting the Federal Trade ...

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How does the growth of competing platforms like TikTok and YouTube impact the FTC's argument regarding Meta's alleged monopoly?

Zuckerberg's testimony emphasizes the competitive landscape of the social media industry, with platforms like YouTube surpassing Facebook and Instagram in user engagement. The FTC's case hinges on the argument that Meta's acquisitions of Instagram and WhatsApp were intended to suppress competition, but Zuckerberg counters this by focusing on the inherent value he saw in these platforms and their contribution to Meta's mobile transition. Emails cited by the FTC to illustrate Zuckerberg's concern over competitor growth are countered by Zuckerberg's explanation that monitoring competition is essential to his role.

npr.org

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Apr 16, 07:15

FTC Sues Meta, Threatening Breakup Over Instagram and WhatsApp Acquisitions

The FTC is suing Meta, alleging its acquisitions of Instagram and WhatsApp were anti-competitive, potentially forcing Meta to divest itself of these platforms based on internal communications reflecting a "buy-or-bury" strategy to eliminate competitors; the outcome will significantly impact the futu...

FTC Sues Meta, Threatening Breakup Over Instagram and WhatsApp Acquisitions

The FTC is suing Meta, alleging its acquisitions of Instagram and WhatsApp were anti-competitive, potentially forcing Meta to divest itself of these platforms based on internal communications reflecting a "buy-or-bury" strategy to eliminate competitors; the outcome will significantly impact the futu...

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What are the immediate consequences if the FTC succeeds in forcing Meta to divest itself from Instagram and WhatsApp?

The FTC is suing Meta, alleging that its acquisitions of Instagram and WhatsApp were anti-competitive, aiming to dismantle Meta by forcing the sale of these platforms. This stems from Meta's internal communications revealing concerns about Instagram as a competitive threat, and the FTC argues that Meta's "buy-or-bury" strategy stifled competition.

news.sky.com

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Apr 15, 19:17

Meta Faces Lawsuit: Could Be Forced to Sell Instagram and WhatsApp

The US Federal Trade Commission is suing Meta, alleging it illegally bought Instagram and WhatsApp to stifle competition; a win for the FTC could force Meta to sell both apps.

Meta Faces Lawsuit: Could Be Forced to Sell Instagram and WhatsApp

The US Federal Trade Commission is suing Meta, alleging it illegally bought Instagram and WhatsApp to stifle competition; a win for the FTC could force Meta to sell both apps.

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What is the core accusation against Meta in this antitrust lawsuit, and what are the potential immediate consequences if the FTC prevails?

The US Federal Trade Commission (FTC) accuses Meta of illegally acquiring Instagram and WhatsApp to eliminate competition, citing internal emails suggesting a strategy to "neutralize" rivals. This case, if successful, could force Meta to divest these platforms, potentially impacting social media regulation and competition.

nos.nl

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Apr 15, 01:12

Meta to Use European User Data for AI Training

Meta announced it will use European Facebook and Instagram user data to improve its AI, offering users an objection option; data from minors and WhatsApp will be excluded.

Meta to Use European User Data for AI Training

Meta announced it will use European Facebook and Instagram user data to improve its AI, offering users an objection option; data from minors and WhatsApp will be excluded.

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What are the immediate implications of Meta's decision to use European user data for AI training?

Meta will use European user data from Facebook and Instagram to train its AI models. Users will receive a notification this week with the option to object. Data from minors and WhatsApp conversations will not be used.

bbc.com

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Apr 15, 04:10

FTC Seeks to Break Up Meta in Antitrust Trial

Mark Zuckerberg is testifying in a federal antitrust trial where the FTC is attempting to force Meta to divest itself of Instagram or WhatsApp, alleging anti-competitive practices in the acquisitions of these companies. The trial is expected to last two months.

FTC Seeks to Break Up Meta in Antitrust Trial

Mark Zuckerberg is testifying in a federal antitrust trial where the FTC is attempting to force Meta to divest itself of Instagram or WhatsApp, alleging anti-competitive practices in the acquisitions of these companies. The trial is expected to last two months.

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What are the immediate consequences of the FTC's lawsuit against Meta, and how might a ruling affect the social media landscape?

Meta CEO Mark Zuckerberg is testifying in a landmark antitrust trial where the FTC seeks to break up Meta by forcing a spinoff of Instagram or WhatsApp, alleging Meta unfairly dominated the market through acquisitions. The trial, expected to last two months, will examine whether Meta's acquisitions of Instagram in 2012 and WhatsApp in 2014 were anti-competitive.

dw.com

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Apr 15, 01:12

FTC Sues Meta Over Instagram and WhatsApp Acquisitions

The FTC is suing Meta, alleging that its acquisitions of Instagram and WhatsApp were anti-competitive and should be reversed, a case linked to political influence and potentially impacting future tech regulation.

FTC Sues Meta Over Instagram and WhatsApp Acquisitions

The FTC is suing Meta, alleging that its acquisitions of Instagram and WhatsApp were anti-competitive and should be reversed, a case linked to political influence and potentially impacting future tech regulation.

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What are the immediate consequences of the FTC's lawsuit against Meta, and how will it affect the tech industry's regulatory landscape?

The FTC accuses Meta of illegally acquiring Instagram and WhatsApp to maintain its monopoly, seeking to reverse these acquisitions. Meta denies these claims, citing competition from platforms like TikTok. Mark Zuckerberg is expected to testify.

Showing 1 to 12 of 271 results