Meta is facing its biggest existential threat in its history. Years after the Federal Trade Commission first sued the social network in an attempt to unwind its acquisitions of Instagram and WhatsApp, the trial that will shape its future is finally underway. FTC v. Meta began last month when CEO Mark Zuckerberg took the stand, and is expected to last for several weeks.<br /> The FTC is hoping to prove to US District judge James Boasberg that Meta’s acquisitions of its one-time rivals were anticompetitive and hurt US consumers. Meta, meanwhile, has argued that Instagram and WhatsApp were only able to grow to the billion-user services they are because of its investment into them over the last decade or more.<br /> While the case is unlikely to be fully settled anytime soon, the [...]
Some of the most successful creators on Facebook aren't names you'd ever recognize. In fact, many of their pages don't have a face or recognizable persona attached. Instead, they run pa [...]
The FTC just rested its case following weeks of testimony in a landmark antitrust case against Meta. But before Meta can begin its defense, the company's lawyers have opted for another move: aski [...]
Years after the Federal Trade Commission sued Meta in a bid to halt acquisitions of Instagram and WhatsApp, the trial that will shape its future is finally underway. The trial kicked off last month wh [...]