Washington – Meta CEO Mark Zuckerberg insisted on the Federal Court on Wednesday that he bought Instagram and WhatsApp because he saw the price in the agencies – to take the contestants out.
Zuckerberg took the position on Wednesday afternoon as the first witness to the third day of the trial. He questioned the Meta Attorney Mark Hansen, who argued that the FTC claims that his client’s social media is rarely exclusive and still faces worldwide competition.
Hansen centered on some of his interrogations in the email sent by Zuckerberg and his associates that the FTC mentioned the FTC on Instagram’s growth and the idea of his previous testimony to depict his previous testimony to his threat.
Zuckerberg said he was very focused on discovering new things and a large part of the process to understand what other people were making. At any stage in the history of his organization, he said that the other companies could have the same concern in emails about what he was doing better than that.
“This is my job,” Zuckerberg said. “I need to understand what’s going on and what is going on in a very competitive market I need to press my teams to move quickly.”
Hansen interrogated Zuckerberg about the competition, especially the Beijing-based company Bidance, the popular social media site and video sharing platform YouTube, which is owned by the alphabet.
Zuckerberg testifies that people spend more time on YouTube than Facebook and Instagram.
Although Hansen mentions that FTC does not consider YouTube as a meta contestant-because it does not have the technology to share like Facebook, Zuckerberg says that YouTube has made videos on ways to share.
The FTC claims that Meta has used an exclusive use in its technology that helps to gain a lot of profit as consumer satisfaction is reduced to facilitate connecting with customers and families. The case can force the tech giant to break Instagram and WhatsApp, it has been bought startups more than a decade ago that has since become social media power houses.
Zuckerberg’s Attorney Daniel Mathson, who interrogated Zuckerberg, has repeatedly raised his own words to the associates to show that Instagram was more interested in stopping the worrying growth of Instagram than the product improvement before and after the acquisition of Instagram.
In Hansen’s interrogation, Zuckerberg emphasized that there was no desire to achieve Instagram only to slow down his development and end a threat. He said that it was concentrated toward “run as an independent brand”.
Hansen mentions that the FTC Messaging App is demanding the acquisition of WhatsApp: Zuckerberg was afraid of the company’s potential.
Zuckerberg noticed the power of the application, saying, “It was something I thought about, but he added that he did not learn to be anxious because the owners did not share the same vision or direction.
He said he was interested in buying it “its use”.
“I thought the app was important and valuable,” Zuckerberg said.
This trial prepared over the past weeks will appear in other big technology images. After Zuckerberg, Sherill Sandberg, a former Facebook chief operating officer, took this position.
This trial is one of the first major tests to challenge President Donald Trump’s Big Tell. In the first term of Trump, Meta in 2021 – then Facebook was called – the case was filed against it. It has claimed that the company bought Instagram and WhatsApp to establish an illegal exclusive market in the squash competition and social media market.
Facebook bought Instagram-which was a photo sharing app without any ads-$ 1 billion in 2012.
Instagram is the first company that bought Facebook and continued as a separate app. At that time, Facebook was known for the small “Aqui Hires”-a popular Silicon Valley Agreement where a company buys a startup as a way to hire its talented workers, then stops the acquired company. Two years later, it did it again with the messaging app WhatsApp, which bought it for $ 22 billion.
WhatsApp and Instagram helped their business transfer their business from desktop to mobile devices and to be popular with the younger generation as a competitor like Snapchat (which it tried, failed, failed to buy) and Tiktok emerged.
US District Judge James Bosberg is chaired by the case. By the end of last year, he denied Meta’s request to give a brief verdict and gave the verdict that the case must go to trial.
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