menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Facebook News

>

Zuckerberg...
source image

Insider

1M

read

232

img
dot

Image Credit: Insider

Zuckerberg dished to Sheryl Sandberg about why Facebook bought Instagram — and offered a Settlers of Catan lesson

  • Mark Zuckerberg was grilled by the FTC about Facebook's purchase of Instagram in Meta's antitrust trial.
  • Zuckerberg justified the purchase of Instagram in 2012 as it was growing faster compared to Facebook.
  • Zuckerberg offered to teach Sheryl Sandberg how to play Settlers of Catan in a message discussing the Instagram purchase.
  • The FTC argues that Meta's acquisitions of Instagram and WhatsApp violated competition laws and helped cement its monopoly.

Read Full Article

like

13 Likes

For uninterrupted reading, download the app