In a significant antitrust trial, emails from Mark Zuckerberg have come under scrutiny. In 2012, Zuckerberg suggested acquiring Instagram for $1 billion to “neutralize a potential competitor.” Another email revealed that Meta considered purchasing Snapchat for $6 billion. These communications are central to the Federal Trade Commission’s (FTC) case against Meta, alleging that the company’s strategy was to buy out rivals rather than compete. The FTC aims to demonstrate that Meta’s dominance today stems from these acquisitions, specifically the purchases of Instagram in 2012 and WhatsApp in 2014. Zuckerberg is set to testify for up to seven hours, addressing these emails and other related evidence. The outcome of this trial could hinge on whether the FTC can prove that Meta’s market position was unattainable without these strategic acquisitions.
Concerned Citizen
@BGatesIsaPyscho
·
Apr 9 Holy Shit – “Mark Zuckerberg pledged himself a Free Speech Champion”“I witnessed META work hand in glove with The Chinese Communist Party – custom built Censorship Tools”META Whistleblower leaves Zuck looking like the American Traitor he is. Facebook were also obviously
𝘿𝘾 𝙇𝙞𝙙𝙨𝙩𝙤𝙣𝙚
@DcLidstone
·
Apr 9 This is a MUST WATCH.Seriously see what Zuckerberg was doing behind closed doors with China and your Data.
Jason Kint
@jason_kint
·
Apr 9 Just a reminder as to the “work” of one of Zuckerberg’s key lieutenants who has gone scorched earth under prior scandals later proven to be the tip of the iceberg costing the company billions…She’s testifying under oath to the US Senate.
Tom Moore
@junogsp7
·
Apr 9 Bombshell testimony :
Zuckerberg Meta helped
China develop advanced
AI to outcompete American
companies.
First 2020 election interference.
Now a threat to national security.
Ban him from Trump’s
orbit and
@TulsiGabbard
please check out these
allegations.
kouji
@yoyonofukuoka
·
Apr 10 Translation:Former FB executive’s shocking testimony: Zuckerberg provided AI technology to the Chinese Communist Party, aiding China in surpassing the United States.
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