Systrom testified that Instagram had the potential to thrive independently and did not require Meta’s infrastructure or resources to scale.

In an internal email surfaced as part of the Meta antitrust trial, Meta CEO Mark Zuckerberg fretted about the potential that the company’s Instagram acquisition may cannibalize Facebook. Were that to ...

Earlier in the trial, Meta CEO Mark Zuckerberg had argued that Facebook’s acquisition of Instagram had helped rather than hurt its growth – and asserted that its explosion in popularity may ...

The long-awaited antitrust trial between Meta and the Federal Trade Commission kicked off on April 14th. Over about two ...

Mergers and acquisitions are a popular target of economic populists on the left and right. Populists blame mergers for ...

Meta CEO Mark Zuckerberg struggled in federal court Tuesday to defend his reasons for the Facebook owner’s $1 billion purchase of Instagram more than a decade ago — one of two acquisitions the ...

Mark Zuckerberg is being forced to spend precious time in court for having seen the future of social media much better than Facebook's rivals.

Internal Meta emails from the FTC's antitrust lawsuit detail tensions between Instagram and Facebook.

The FTC wants to prove Meta has a monopoly over personal social networking, so it wouldn’t view video app TikTok as a ...

Zuckerberg, the CEO and founder of Meta, testified that Facebook had greatly evolved since he launched the platform more than ...

Meta will face the Federal Trade Commission in a legal fight that could reshape the social media landscape. Over the next two ...