Mark Zuckerberg says TikTok slowed Meta’s growth

Meta’s Antitrest was judged on Wednesday, Meta CEO Mark Zuckerberg, Tiktok’s successful video application was “highest emergency” in 2018, he said Bloomberg and other board.

Reports are the first week of testimony in the US Federal Trade Commission’s Social Network Giant. If FTC’s lawyers are dominated, the court may require meta to spin instagram or WhatsApp as separate companies.

It should be noted that Zuckerberg said that the arrival of Tiktok was directly affected by the arrival of Tiktok, and he said, “said the company’s growing slowly slowed. He also said that the application of Byotetate has been in the focus of metatic competition efforts for several years.

Crusty bought Musical.ly in 2017 and combined This year with Tiktok. At the same time, Meta (later known as Facebook) The user stopped reporting user numbers Changing the new “family of applications” covering Instagram and WhatsApp in quarterly reports. The change is designed to hide the slowdown of methane flagship application.

Zuckerberg made another interesting commentary during the test in response to a question about social media platforms. He said that for social media applications, it is less important to grow the relationship between friends and family.

“Now the applications serve as discovery engines in the first place,” Zukerberg said in court. “People can take this content to messaging engines.”

At the same time, Facebook is trying to return to him “And roots “ by returning to that network effects again. The company has recently published new features designed to facilitate contact with friends Update Friends Sabmi This emphasizes the desires and activities of friends. In January, Zuckerberg told investors that “return to OG Facebook” was the main goal for 2025.