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Meta says in slides for the opening statement in its antitrust trial that just 7% of time spent on Instagram in 2025 is spent viewing friend content.
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 ...
In an internal email surfaced as part of the Meta antitrust trial, Meta CEO Mark Zuckerberg fretted about the potential that the company’s Instagram acquisition may cannibalize Facebook.
Summary: Instagram’s co-founder recently testified during Meta’s antitrust case, where he revealed that Facebook saw Instagram as a threat. His testimony also revealed that Facebook apparently ...
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Sandberg and Zuckerberg's discussions about acquiring Instagram for $1 billion were also highlighted. Zuckerberg admitted TikTok surpasses Facebook and Instagram's user base, acknowledging it as a ...
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