2025-04-22
Instagram's former CEO testifies Zuckerberg thought the app was a ‘threat’ to Facebook
Facebook acquired Instagram in 2012 for $1 billion, but tensions between Mark Zuckerberg and the app’s founders persisted for years afterward. On Tuesday, Instagram’s former CEO and cofounder Kevin Systrom took the stand in Meta’s antitrust trial in Washington D.C and offered a firsthand account of how Zuckerberg viewed the photo-sharing app as a “threat” to Facebook.
Systrom, who ran Instagram until 2018, said that Zuckerberg slowed hiring and other investments into Instagram despite its success. Zuckerberg, Systrom testified, "believed we were a threat to their growth," and as a result "was not investing" in the photo-sharing app, according to testimony Discover Copy
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2025-03-18
The wildest details in the Facebook memoir Meta is trying to bury
Sarah Wynn-Williams joined Facebook in 2011 when it was very much in its “move fast and break things” era. A former United Nations diplomat, she had aspirations of helping Facebook boost its stand [...]
2025-01-17
Mark Zuckerberg and Sheryl Sandberg want you to know they're still friends and definitely not mad at each other
On Thursday, The New York Times published a lengthy story about the rise in power of Stephen Miller, a longtime loyalist of Donald Trump known for his hardline views on immigration. Normally, a story [...]
2025-03-09
Whistleblower complaint expands on claims that Facebook once built a censorship tool to win over China
A report from The Washington Post details allegations made by whistleblower Sarah Wynn-Williams about Facebook in a 78-page complaint filed last April with the SEC, including that the company built a [...]
2025-01-07
Meta is ditching third-party fact checkers on Facebook, Instagram
Meta CEO Mark Zuckerberg announced a big shift in the company's approach to moderation and speech. Meta will be suspending its fact-checking program and will move to an X-style Community Notes mo [...]
2025-04-15
Mark Zuckerberg predicted Meta's antitrust trial in a 2018 email
In 2018, Mark Zuckerberg floated the idea of spinning out Instagram, one of the remedies the Federal Trade Commission (FTC) will likely seek in Meta's antitrust trial that began this week. CNBC r [...]
2025-07-17
Mark Zuckerberg and other Meta bigwigs just agreed to a settlement in $8 billion suit
Meta CEO Mark Zuckerberg, along with a group of current and former company directors and officers, just agreed to settle to end a trial that sought $8 billion in damages, according to a report by Reut [...]
2025-03-05
Facebook scammers want you to think Elon Musk can cure diabetes
Elon Musk discovered a simple 30-second “fridge trick” that can reverse diabetes, but the discovery has spooked pharmaceutical companies so much they put a $78 million bounty on his head, forcing [...]