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It is a pity that no cameras are allowed in the federal courts because I would really like to see Mark Zuckerberg testify.
He was a leading witness in the antitrust lawsuit of the Federal Store Against Meta, which in itself was news.
Conflict is the most prevalent attempt to remove the world’s largest social network and goes to the core as the competition is defined.
Hawley requires Zuckerberg testifies to the alleged relationships between Meta, China
Not since the Government interrupted AT&T more than four decades ago, Mega-Corpation faced the appearance that it would be torn.
The lawsuit was filed in the first Trump’s term (President couldn’t handle Facebook at the time), he aggressively persecuted Joe BidenAnd now he finally came to a trial in the Washington courtroom.
Trump once told me that Facebook was such a threat to society that he used it as justification for flip-flopping about his efforts to ban Tiktoc.
Meta Mark Zuckerberg’s director was a leading witness in the Antitruist lawsuit of the Federal Commission against his company. (Chris Unger/Zuffa LLC)
But since he won the second term, Zuck, like many technological bros, has been in line with a new sheriff in the city, including a $ 1 million donation to the president’s inaugural.
There are reports that when a man who Runs Facebook He recently met Trump, he asked about the possibility of giving up a lawsuit. Obviously it failed.
The focus of the trial is Zuckerberg’s decision to buy Instagram and WhatsApp when they were a small start-up.
The FTC lawyer examined Zuckerberg about a platform that was supposed to encourage connections between family and friends with concentration to show an interesting third party content through his feed news.
“This is the case that over time, the” interest “was built more than a part of” friends, “Zuckerberg said. He added that the” friend “part had declined a lot, but that is still something we care about.”
Translation: Fuck friends. Very 2010. We moved on.
Zuckerberg spoke slowly – at least towards reporters who were there – and returned to the hot seat yesterday. FTC lawyers pressed him to a bunch of e -mailova he sent:
“We really have to connect quickly to it because Instagram grows so quickly.
“Instagram has become a big and sustainable competitor to us in mobile photos, which will increasingly be the future of photographs.”
“If Instagram continues to hit photos, or If Google Buy them, and then during the next few years they could easily add pieces of their services that copy what we are doing now. “It was a flop called Facebook camera.
In another message, Zuck called the growth of Instagram “really scary”, 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.
In E -Mail Tom Alison, Facebook chief, Z offered alternatives:
“Option 1. Double on a friend. One potentially crazy idea is to consider deleting all the charts and launching them again.”
Alison replied, “I’m not a sure option no. 1 in your proposal (twice down on my friend) would be sustainable given my understanding of how vital the case of a friend who used for Ig.”
The target bought Instagram for $ 1 billion and WhatsApp for $ 19 billion before they took off. (Target)
Now we come to the fascinating part.
They do not break the news that Mark’s judgment can be wrong. Remember when he insisted that the virtual reality would be the next big deal?
But he claims that the target has all kinds of rivals in the “fun” area, such as x, Tiktoc and YouTube – and could easily add Snap, Netflix, Amazon Prime video and HBO -ov Max. It’s all about the battle for eyeballs now. There are only so many hours in the day. Mindshare is everything.
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And with group chats all the anger, the target does not agree well to such an interaction, and Instagram is a possible exception.
Now, of course, it is in Zuckerberg’s personal interest to testify to competing with anything that has a screen. But it’s not that far from the mark. Keep in mind that the target has 4 billion active monthly users.
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I certainly wish we could see that the executive director was made by the case that he was being fired in a huge sea of rival.
