Spinning off Instagram, the decline of ‘friending’ and other takeaways from Mark Zuckerberg at the FTC monopoly trial
Washington DC CNN — CEO Mark Zuckerberg defended Meta’s acquisition of Instagram and WhatsApp on the stand this week during the start of trial over the blockbuster antitrust lawsuit brought by the Federal Trade Commission. But, it turns out, Zuckerberg predicted that he might find himself in this position years ago – and even proposed the idea of spinning off Instagram himself. That was one of several takeaways from more than 10 hours of testimony from Meta’s CEO, during which he pushed back
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