Resurfaced email reveals Mark Zuckerberg considered selling Instagram six years ago: ‘There is a non-trivial chance that we will be forced to spin out Instagram and perhaps WhatsApp in the next 5-10 years anyway’
Washington (AP) – Meta CEO Mark Zuckerberg was once considered separation Instant Due to his parenting company, on Tuesday, the second day of anti-monopoly trial on Tuesday was illegally monopolized on Tuesday.
E-mail of 2018 In the mail, Uck, Uck, he begins to think whether the “Instagram turn” will be important goals, as large technology companies are growing. He also mentioned that there is a “not small opportunity” Metman can be forced to install Instagram and maybe whatsapp, however, however, and 10 years later.
He wrote that before most companies confront fragments. “Corporate history is that most companies actually do better.”
On Tuesday, lawyer Daniel Matheson asked the anti-monopoly case for the Federal Trade Commission, whose incident in the corporate history, Uckerberg replied.
UW Uquberg, who was the first witness, testified for more than seven hours in two days, in a test that could force Meta to invade Instagram and whatsapp.
Mathesson said on Tuesday morning, Mathsson said he referred to Instagram as a “rapidly growing, a network.” The lawyer also mentioned that Uckerberg refers to neutralizing the opponent, buying the company.
But Ucker has stated that while Matson was able to show documents in court, which showed his concern about Instagram’s growth, he also had a lot of conversations to obtain better products.
The Uckerberg also said that Facebook was in the process of building a camera program for mobile phones, and he thought Instagram was better. “So I wanted to buy them.”
Uckerberg also pushed him back to Matson’s conflict that the company was to threaten the reason for the purchase.
“I think it’s wrong to say what’s too. Mail, “said Uckerberg.
According to the interrogation of Zakerberg, Matson has repeatedly raised e-mail addresses. Many of them have been written for more than a decade, and after the acquisition of Instagram and after his colleagues.
WHILE ACKNOWLEDGING The Documents, Zuckerberg Has Usten Sough to Downplay The Contents, Saying He Wrote Thes In The Early Stages of the HE WROTE AT THE TIME OF THE CAPTURE.
Matharson also brought up a message in February 2012, the former Facebook Chief Financial Officer, that Instagram and PATH, the Social Network application has already created meaningful networks that can “make a lot of disruption.”
Uckerberg testified that the message was written in the context of a wide discussion whether they had bought companies to accelerate their developments.
Uck Also testified that buying the company, removing the company out of the market and building its own version “is a reasonable thing.”
Metal lawyer Mark Hansen started his interrogation on Tuesday. On Monday, Hansen stressed that the meta services are free and that the company has a lot of competition to keep the monopoly. He created those questions over the interrogation of Uck, the interrogation of Uckerberg, and more expected on Wednesday.
“It’s very competitive,” said Uck, saying that the collection to use such Facebook services will probably travel to users, as similar services are spread elsewhere elsewhere.
The trial is one of the first major tests of the FTC’s capacity to chair President Donald Trump to challenge great technology. The trial was filed against Meta, then Facebook is called in 2020 during the first Term of Trump. It claims that the company bought Instagram and WhatsApp to establish an illegal monopoly in the competition and social media market.
Facebook has purchased Instagram – which was a photo sharing program without advertising by $ 1 billion.
Instagram was the first Facebook company and kept a separate program. Before that, Facebook was known for small “Raqu-Hies”. The famous Silicon Valley, in which the company goes to launch as a way to hire its talented employees, then shuts off the acquired company. Two years later, it did it again through whatsapp messages he had purchased $ 22 billion.
WhatsApp and Instagram helped Facebook move his business from desktop computers Mobile devices and stay popular with young offspring as competitors like Supat (Which also tried but failed to buy) and the Tiktok was caused.
However, FTC has a narrow definition of Meta’s competitive market, except for companies like Tiktok, Youtube And Apple’s message service is considered competitors to Instagram and WhatsApp.
James Bouberg, Judge James Bouberg, is being conducted. At the end of last year, he denied Meta’s claim to make a summary judgment and decided that the case should go to the trial.
This story was originally shown Fortune.com
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