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For five weeks, the Federal Trade Commission asked a federal judge to imagine a world where Instagram and WhatsApp flourished ...
Meta concluded its defense in the FTC’s antitrust trial, calling WhatsApp co-founder Brian Acton and a former Instagram ...
Instagram cofounder Kevin Systrom testified that Mark Zuckerberg saw Instagram as a threat to Facebook's dominance and starved the app of resources and support after acquiring it. The testimony is ...
An executive at Mark Zuckerberg’s Meta once cited estimates that as much as 40% of all engagement on Instagram was fake, ...
The government showed hundreds of internal documents as it sought to prove that the social media company bought Instagram and ...
When Instagram was acquired for $1 billion in 2012, co-founder Kevin Systrom believed that joining Facebook would help Instagram’s “skyrocketing growth” reach even greater heights.
Instagram would have been successful even if Facebook founder Mark Zuckerberg had never purchased the photo-sharing app for $1 billion in 2012, co-founder Kevin Systrom said during the FTC’s ...
Kevin Systrom said during testimony in a landmark antitrust trial that he believed Mark Zuckerberg, Meta’s chief executive, viewed Instagram as a threat. By Cecilia Kang Reporting from the E.
(Bloomberg / Kurt Wagner) — Instagram co-founder Kevin Systrom testified that his fledgling photo-sharing app could have succeeded without being acquired by Meta Platforms Inc., and that ...
Instagram co-founder Kevin Systrom told a federal judge Tuesday that Meta CEO Mark Zuckerberg underinvested in the viral photo-sharing app after Facebook bought it, bolstering the Federal Trade ...