Zuckerberg eyed Instagram spinoff amid antitrust scrutiny

Reuters|
Getting your Trinity Audio player ready...
Meta's CEO Mark Zuckerberg considered spinning off popular social media app Instagram in 2018 in anticipation of a potential antitrust suit, documents unveiled at a trial in Washington, D.C. showed on Tuesday. It came during Zuckerberg's second day testifying at the trial in Washington, in which the U.S. Federal Trade Commission is seeking to unwind Meta's acquisitions of prized assets Instagram and WhatsApp.
Comments
The commenter agrees to the privacy policy of Ynet News and agrees not to submit comments that violate the terms of use, including incitement, libel and expressions that exceed the accepted norms of freedom of speech.
""