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Instagram Founder Claims Zuckerberg Suppressed His Platform's Growth: "We Were A Threat"
Mark Zuckerberg acquired Instagram for $1 billion in 2012 as the photo-sharing app was on the ascendency.
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Instagram Co-Founder Says Mark Zuckerberg Saw App’s Growth as ‘Threat’
Instagram co-founder Kevin Systrom testified that the app could have succeeded without being acquired by Meta Platforms. Systrom, testifying Tuesday at Meta’s antitrust trial in Washington, recounted how quickly Instagram was growing before Zuckerberg’s purchase offer.
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Meta’s Oversight Board Rebukes Company Over Policy Overhaul
Meta Platforms’ Oversight Board on Wednesday sharply rebuked the Facebook and Instagram owner over a policy overhaul in January that cut fact-checking. The board, which operates independently but is funded by Meta, urged the world's biggest social media company to assess “potential adverse effects” of the changes, put in place just before US ...
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Meta's Zuckerberg Eyed Instagram Spinoff Amid Antitrust Scrutiny, Document Shows
Meta CEO Mark Zuckerberg considered spinning off Instagram in 2018 over concerns about growing risk of antitrust scrutiny. The document was shown during Zuckerberg's second day of testimony at the high-stakes trial, in which the Us Federal Trade Commission is seeking to unwind Meta's acquisitions of prized assets Instagram and WhatsApp.
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Facebook Added "Value" To Instagram: Mark Zuckerberg At US Antitrust Trial
Social media titan Mark Zuckerberg testified for a second day Tuesday in a landmark US antitrust trial, defending his conglomerate Meta against accusations it took over Instagram and WhatsApp to devour budding competitors.
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Meta's Mark Zuckerberg Disputes US Antitrust Case in Trial Testimony
Mark Zuckerberg testified in a US antitrust trial this week. The FTC is seeking to force Meta to restructure Instagram and WhatsApp, challenging its reliance on ad revenue and its dominance in the social networking space. Meta has argued that its purchases of Instagram in 2012 and WhatsApp in 2014 have benefited users.
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Landmark US Antitrust Trial Could Force Zuckerberg To Sell Instagram
The Meta case is being made by the Federal Trade Commission (FTC), the powerful US consumer protection agency, and could see the owner of Facebook forced to divest Instagram and WhatsApp.
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Zuckerberg Buys Rs 3.5 Lakh T-Shirt Worn By Jesse Eisenberg Playing Him In 'The Social Network'
Mark Zuckerberg revealed he now owns a shirt Jesse Eisenberg wore in "The Social Network".
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Meta to Reportedly Launch a Standalone Meta AI App to Take On OpenAI and Google
Meta is reportedly planning to launch its artificial intelligence (AI) chatbot as a standalone app. The company currently offers Meta AI within its social media apps including Facebook, Instagram, Messenger, and WhatsApp. It is also available as a web client, however, the social media giant does not offer the platform as a mobile or desktop app.
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Meta to Allow Rival Ads Providers to List on Facebook Marketplace After EU Antitrust Fine
Meta Platforms will allow rival classified ads service providers to post listings of their ads on Facebook Marketplace. Calling it the Facebook Marketplace Partner Progam, Meta said the scheme is a response to the EU competition watchdog even as it challenged the fine in court.
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Mark Zuckerberg Says Meta to Spend Up to $65 Billion on AI in 2025
Mark Zuckerberg plans to invest as much as $65 billion (roughly Rs. 5,61,908 crore) on projects related to artificial intelligence in 2025. Zuckerberg’s announcement comes days after OpenAI, SoftBank Group Corp. and Oracle Corp. announced a $100 billion (roughly Rs. 8,64,404 crore) joint venture called Stargate to build out data centers and A...
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Here's Why You Have Automatically Followed Trump On Facebook And Instagram
Meanwhile, Instagram users have been experiencing a strange issue when searching for hashtags related to the Democratic Party. Typing "#Democrat" or "#Democrats" yields a "results hidden" message, sparking accusations of political bias.
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Meta Will Use Fact Checkers Outside the US ‘For Now’
Meta, which said it will replace third-party fact checkers in the US with a community notes system, will see how the change plays out before deciding about a transition in other regions, Mendelsohn said in an interview with Bloomberg Television’s Francine Lacqua at the World Economic Forum in Davos on Monday.
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The Dynamics That Polarise Us On Social Media Are About To Get A Lot Worse
Mark Zuckerberg has announced big changes in how the company addresses misinformation across Facebook, Instagram and Threads. Instead of relying on independent third-party factcheckers, Meta will now emulate Elon Musks X (formerly Twitter).
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Meta to Cut Roughly Five Percent of Staff, Targeting Lowest Performers
Meta Platforms Inc. is cutting roughly five percent of its staff through performance-based terminations. Affected workers in the US are expected to be notified on February 10, while those based in other countries will be informed at a later date, according to the memo.
-
Instagram Founder Claims Zuckerberg Suppressed His Platform's Growth: "We Were A Threat"
Mark Zuckerberg acquired Instagram for $1 billion in 2012 as the photo-sharing app was on the ascendency.
-
Instagram Co-Founder Says Mark Zuckerberg Saw App’s Growth as ‘Threat’
Instagram co-founder Kevin Systrom testified that the app could have succeeded without being acquired by Meta Platforms. Systrom, testifying Tuesday at Meta’s antitrust trial in Washington, recounted how quickly Instagram was growing before Zuckerberg’s purchase offer.
-
Meta’s Oversight Board Rebukes Company Over Policy Overhaul
Meta Platforms’ Oversight Board on Wednesday sharply rebuked the Facebook and Instagram owner over a policy overhaul in January that cut fact-checking. The board, which operates independently but is funded by Meta, urged the world's biggest social media company to assess “potential adverse effects” of the changes, put in place just before US ...
-
Meta's Zuckerberg Eyed Instagram Spinoff Amid Antitrust Scrutiny, Document Shows
Meta CEO Mark Zuckerberg considered spinning off Instagram in 2018 over concerns about growing risk of antitrust scrutiny. The document was shown during Zuckerberg's second day of testimony at the high-stakes trial, in which the Us Federal Trade Commission is seeking to unwind Meta's acquisitions of prized assets Instagram and WhatsApp.
-
Facebook Added "Value" To Instagram: Mark Zuckerberg At US Antitrust Trial
Social media titan Mark Zuckerberg testified for a second day Tuesday in a landmark US antitrust trial, defending his conglomerate Meta against accusations it took over Instagram and WhatsApp to devour budding competitors.
-
Meta's Mark Zuckerberg Disputes US Antitrust Case in Trial Testimony
Mark Zuckerberg testified in a US antitrust trial this week. The FTC is seeking to force Meta to restructure Instagram and WhatsApp, challenging its reliance on ad revenue and its dominance in the social networking space. Meta has argued that its purchases of Instagram in 2012 and WhatsApp in 2014 have benefited users.
-
Landmark US Antitrust Trial Could Force Zuckerberg To Sell Instagram
The Meta case is being made by the Federal Trade Commission (FTC), the powerful US consumer protection agency, and could see the owner of Facebook forced to divest Instagram and WhatsApp.
-
Zuckerberg Buys Rs 3.5 Lakh T-Shirt Worn By Jesse Eisenberg Playing Him In 'The Social Network'
Mark Zuckerberg revealed he now owns a shirt Jesse Eisenberg wore in "The Social Network".
-
Meta to Reportedly Launch a Standalone Meta AI App to Take On OpenAI and Google
Meta is reportedly planning to launch its artificial intelligence (AI) chatbot as a standalone app. The company currently offers Meta AI within its social media apps including Facebook, Instagram, Messenger, and WhatsApp. It is also available as a web client, however, the social media giant does not offer the platform as a mobile or desktop app.
-
Meta to Allow Rival Ads Providers to List on Facebook Marketplace After EU Antitrust Fine
Meta Platforms will allow rival classified ads service providers to post listings of their ads on Facebook Marketplace. Calling it the Facebook Marketplace Partner Progam, Meta said the scheme is a response to the EU competition watchdog even as it challenged the fine in court.
-
Mark Zuckerberg Says Meta to Spend Up to $65 Billion on AI in 2025
Mark Zuckerberg plans to invest as much as $65 billion (roughly Rs. 5,61,908 crore) on projects related to artificial intelligence in 2025. Zuckerberg’s announcement comes days after OpenAI, SoftBank Group Corp. and Oracle Corp. announced a $100 billion (roughly Rs. 8,64,404 crore) joint venture called Stargate to build out data centers and A...
-
Here's Why You Have Automatically Followed Trump On Facebook And Instagram
Meanwhile, Instagram users have been experiencing a strange issue when searching for hashtags related to the Democratic Party. Typing "#Democrat" or "#Democrats" yields a "results hidden" message, sparking accusations of political bias.
-
Meta Will Use Fact Checkers Outside the US ‘For Now’
Meta, which said it will replace third-party fact checkers in the US with a community notes system, will see how the change plays out before deciding about a transition in other regions, Mendelsohn said in an interview with Bloomberg Television’s Francine Lacqua at the World Economic Forum in Davos on Monday.
-
The Dynamics That Polarise Us On Social Media Are About To Get A Lot Worse
Mark Zuckerberg has announced big changes in how the company addresses misinformation across Facebook, Instagram and Threads. Instead of relying on independent third-party factcheckers, Meta will now emulate Elon Musks X (formerly Twitter).
-
Meta to Cut Roughly Five Percent of Staff, Targeting Lowest Performers
Meta Platforms Inc. is cutting roughly five percent of its staff through performance-based terminations. Affected workers in the US are expected to be notified on February 10, while those based in other countries will be informed at a later date, according to the memo.
