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Mark Zuckerberg on the stand: ‘Crazy,’ ‘scary’ ideas led him to buy Instagram and WhatsApp

Mark Zuckerberg on the stand: ‘Crazy,’ ‘scary’ ideas led him to buy Instagram and WhatsApp

Too bad, cameras are not allowed in federal court because I really want to see Mark Zuckerberg testify.

He is a leader witness in the FTC’s antitrust lawsuit against Mehta, which is news in itself.

Conflict is the most comprehensive attempt to dismember the world’s largest social network and is at the heart of how to define competition.

Holly asks Zuckerberg to prove alleged connections between the Chinese Yuan

Since the government split more than 40 years ago, a large company has faced a rift.

The lawsuit was filed during the first Trump term (at the time the president could not stand Facebook) and was Joe Bidenand now it is finally tried in Washington court.

Trump once told me that Facebook is so threatening to society that he uses it as a reasonable lawsuit to delay his efforts to ban Tiktok.

Mark Zuckerberg

Chief Executive Mark Zuckerberg is a leading witness in the Federal Trade Commission’s antitrust lawsuit against its company. Chris Unger/Zuffa LLC)

But since he won his second term, Zuck, like many of the tech brothers, has been on the town’s new sheriff, including donating $1 million to the president’s inauguration.

There is a report that man Run Facebook Recently met with Trump, he asked about the possibility of revoking the lawsuit. Obviously, it doesn’t work.

The trial focused on Zuckerberg’s decision to buy Instagram and WhatsApp when it comes to small startups.

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The FTC’s lead attorney asked Zuckerberg about a platform designed to foster connections between family and friends to focus on presenting interesting third-party content to users through its news feed.

“As time goes by, the ‘interest’ part is built more than the ‘friend’ part,” Zuckerberg said. He added that “the ‘friend’ part has dropped a lot, but that’s still something we care about.”

Translation: Fucking friends. Very 2010s. We have moved on.

Zuckerberg spoke slowly – at least according to journalists there, he returned to the popular seat yesterday. The FTC lawyer imposed a bunch of emails he sent:

“Because Instagram is growing so quickly, we really need to quickly blend our behaviors.

“Instagram has become our big competitor on mobile photos, which will increasingly become the future of photos.”

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“If Instagram continues to kick ass on the photo, or If Google Buy them and then over the next few years they can easily add services to what they are doing now.

In another message, Zuck called Instagram’s growth “really horrifying”, saying, “We might want to consider paying a lot of money for it.” Facebook bought Instagram for $1 billion in 2012 and spent $19 billion on WhatsApp two years later.

Z offers an alternative in an email to Facebook chief Tom Alison:

“Option 1. Reach friends. One possible crazy idea is to consider wiping everyone’s charts and letting them start over.”

Alison replied: “I’m not sure if option #1 in your proposal is feasible considering the importance of my friend’s use case to IG.”

Yuan logo

Meta bought Instagram for $1 billion and bought Instagram for $19 billion before they took off. (Yuan)

Now we are in the fascinating part.

Mark’s judgment may be flawed, not a breakthrough. Remember when he insisted that virtual reality would be the next big thing?

But he believes that Meta has various competitors in the “entertainment” space (such as X, Tiktok and YouTube) – he’s easy to add Snap, Netflix, Amazon Prime Video And HBO’s biggest it’s all about the battle of witnesses. There are only so many hours in a day. Thought is everything.

Subscribe to Howie’s Media Buzz Podcast, the improvisation of the hottest stories of the day

With all the anger of group chat, Meta isn’t doing well with this interaction, Instagram may be the exception.

Of course, it is in Zuckerberg’s self-interest that proves that he competes with anything with a screen. But this is not out of reach. Remember, Meta has 4 billion active monthly users.

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I definitely hope we can see the embattled CEO, waking him up in a vast competition.

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