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Meta’s fate is up in the air after Mark Zuckerberg’s dirty laundry was aired in a landmark antitrust trial brought by the Federal Trade Commission – though some experts warn that the social ...
STORY: Meta’s earnings and forecasts beat analysts’ estimates Wednesday, as it said artificial intelligence was making big ...
The seven-week trial wrapped up Tuesday, and now each side has four months to make its case in writing. Then US District Judge James Boasberg will decide whether Meta has an illegal monopoly in ...
So far, the month-long trial has seen a number of prominent current and former Meta executives take the stand, including CEO Mark Zuckerberg, former COO Sheryl Sandberg and Instagram cofounder ...
As the antitrust trial continues, Meta could be forced to spin off Instagram and/or WhatsApp. META Price Action: Meta stock was up 6.5% to $630.80 on Monday, versus a 52-week trading range of $442 ...
“After five weeks of trial, it is clear that the FTC has failed to meet the legal standard required under antitrust law,” a Meta spokesperson said in a statement.
Meta is set to make its argument beginning next week. If the judge rules that Meta ran a monopoly, the case would then go to a second trial to determine what measures can be taken to address it.
Meta antitrust trial so far. — Mat Smith Get Engadget's newsletter delivered direct to your inbox. Subscribe right here! The biggest tech stories you might have missed The best fitness trackers ...
Instagram chief Adam Mosseri testified in Meta's antitrust trial on Thursday. The FTC claims Meta's acquisitions of Instagram and WhatsApp created an illegal monopoly. Regulators want Meta to sell ...
UPDATED, with additional details of testimony: Meta CEO Mark Zuckerberg took the witness stand in the Federal Trade Commission’s antitrust trial Monday, defending his company against the ...
It’s the fifth trial day in the antitrust case over its alleged social media monopoly. The big witness this week is Instagram co-founder Kevin Systrom, who’s set to testify tomorrow.
Today, Riley Griffin reports from the Meta antitrust trial about the company’s views of its rivals and the future of social networks.