“Instagram’s $1 Billion Price? ‘Very Expensive,’ Zuckerberg Admits”
Following Meta\’s acquisition of Instagram, the platform did not receive expansion directions that would shape its future development. Meta\’s CEO Mark Zuckerberg made a resigned statement to acknowledge that ensuring Instagram cost Meta dearly even though suppressing rising competition required the deal. At the Meta-Federal Trade Commission trial Zuckerberg discussed how the company purchased Instagram […]
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