I really want to see it, so it’s a shame that cameras are not allowed in federal courts. Mark Zuckerberg I testify.
He was a leadoff witness in an antitrust lawsuit against the Federal Trade Commission’s meta, and in itself was news.
This conflict is the most drastic attempt to tear apart the world’s biggest social networks apart, moving at the heart of how competition is defined.
Holy demands that Zuckerberg testify about his relationship with China’s meta
Since the government dissolved AT&T over 40 years ago, Mega Corporation has not faced the prospect of being torn apart.
The lawsuit was filed in the first Trump terminology (the president could not stand Facebook at the time) and was actively pursued Joe Bidenand now, he has finally been tried in a court in Washington.
Trump once told me that Facebook was a very threat to society, so he used his efforts to ban Tiktok as an overturned justification.
Meta CEO Mark Zuckerberg was a leadoff witness in a Federal Trade Commission antitrust lawsuit against his company. (Chris Unger/Zuffa LLC)
But since he won his second term, Zach, like many Tech Brothers, has worked with the town’s new sheriff, including a million dollar donations to the president’s first inauguration.
I’ve got a report when there’s a guy Run Facebook I recently met with Trump and asked him about the possibility that he might stop the lawsuit. Obviously, it didn’t work.
The focus of the trial is the decision that Zuckerberg will buy when Instagram and WhatsApp were small startups.
The FTC’s lead lawyer asked Zuckerberg about a platform intended to focus on showing users interesting third-party content through the news feed.
“As time passed, the ‘interesting’ part was built more than the ‘friend’ part,” Zuckerberg said. He added, “The ‘friends’ part has gone down considerably, but that’s still something we care about.”
Translation: Screw your friends. Very 2010s. I’ve moved on.
Zuckerberg spoke slowly – at least according to reporters there – he was back in his hot seat yesterday. The FTC lawyer pushed him with a stack of emails he sent.
“We really need to act on this right away because Instagram is growing so fast.
“Instagram has become a massive and viable competitor for us with mobile photography. This will become more and more of a photography future.”
“If Instagram keeps kicking ass with photos, or In the case of Google Since purchasing them, over the next few years, they have easily added some of the services that copy what we are doing now. “This was a flop called the Facebook camera.
In yet another message, Zuck calls Instagram’s growth “really scary” and says, “You might want to consider paying a lot of money for this.” Facebook bought Instagram for $1 billion in 2012 and spent $19 billion on WhatsApp two years later.
In an email to Facebook head Tom Alison, Z offered an alternative.
“Option 1. Double down your friends. One potentially crazy idea is to wipe all the graphs and consider starting again.”
Allison replied: “Option #1 of your suggestion (friendling double down) is feasible given my understanding of how important a friend’s use case is to IG.”
Meta took off after buying Instagram for $1 billion and WhatsApp for $19 billion. (Meta)
Now we come to the fascinating part.
It is not broken news that Mark’s judgment could be flawed. Remember when he insisted that virtual reality would be the next big thing?
However, he claims that Meta has all sorts of rivals in the “entertainment” areas such as X, Tiktok and YouTube. Amazon Prime Video and HBO’s Max. It’s now about the fight for the eyes. There is only a lot of time in a day. Mindshare is everything.
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And with all the rage in the group chat, Meta didn’t work out with such an interaction.
Of course, it is Zuckerberg’s self-interest to testify that he is competing with those who have the screen. But that’s not too far. Please note that Meta has 4 billion active users each month.
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I wish I could see the CEO who fought claiming he is overflowing with vast oceans of rivals.
