From Nasdaq: 2025-04-14 18:02:00

Meta CEO Mark Zuckerberg defended the company’s acquisitions of Instagram and WhatsApp in an antitrust trial, facing allegations of maintaining a monopoly. The FTC argues the deals aimed to eliminate competition, leaving consumers with no alternatives. Zuckerberg testified about adapting to digital changes and emphasized the strategic value of messaging. The trial could lead to a significant tech company breakup.



Read more at Nasdaq: Zuckerberg Defends Instagram, WhatsApp Acquisitions In Landmark Antitrust Trial