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Instagram would have succeeded without Facebook’s $1B takeover, co-founder testifies
Instagram would have been successful even if Facebook founder Mark Zuckerberg had never purchased the photo-sharing app for $1 billion in 2012, co-founder Kevin Systrom said during the FTC’s ...
Instagram co-founder says Meta’s Zuckerberg underinvested in photo app
Instagram co-founder Kevin Systrom told a federal judge Tuesday that Meta CEO Mark Zuckerberg underinvested in the ...
Morgan Stanley believed Google would rival Facebook if the search giant could beat Mark Zuckerberg to scooping up WhatsApp
Zuckerberg worried about Google diving into social media, and created a competitive buffer around Meta through M&A, according ...
Sheryl Sandberg Testifies: Meta Nurtured Instagram, Faced TikTok Threat in Antitrust Trial
She highlighted how the company invested in growing Instagram into a major social media platform, contrary to claims that Meta sought to eliminate competition through acquisitions. Sandberg’s ...