In a blockbuster antitrust trial that’s just getting underway, the Federal Trade Commission is making its case that Meta (META) abused its social-networking dominance as part of a “buy or bury” strategy to squash emerging threats.
Category: video software
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- Meta faces ‘one of the biggest antitrust cases’ in decades. Here’s what to watch
Meta’s (META) monopoly trial kicked off on Monday, throughout which the Federal Trade Commission will argue that the Facebook owner bought Instagram (in 2012) and WhatsApp (2014) to squash emerging competitive threats to Mark Zuckerberg’s social media empire.
- TikTok is now caught in the trade war. Here’s why it matters
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- Amazon wants to buy TikTok as Trump’s deadline looms
Amazon (AMZN) is making an under-the-wire bid to acquire popular social media app TikTok, the New York Times reported on Wednesday, citing three people familiar with the matter.