Meta Tiktok saw as a ‘high emergency’ threat, Zuckerberg, Antitrest judgment is called

Mark Zuckerberg, Bytedeance Ltd. Tiktok, as a third day in the first day, as in the first day of the Federal Trade Commission, the Federal Trade Commission said that Meta Platforms Inc. has created a “high emergency” threat.

“We have observed that our growth slowed slow down,” said Tiktok gained popularity. “It was very urgent, it has been the most priority for the company for several years.”

Zuckerberg, for seven hours in seven hours, after a government lawyer who reveals the company’s struggle – then Facebook Inc – to continue with a mobile application boom in the previous decade. This caused the company to purchase Instagram And in response to WhatsApp and Tiktok, which are more than 10 years, reels for Instagram in 2020 are out of the video product.

FTC is trying to build an illegal monopolistic part of the social media market than competing with themselves to sell applications to the application of illegally. MET’s lawyer said Mark Hansen could say without reinforcing his story.

“People will share in new ways in five years,” Zuckerberg said.

Zuckerberg said that Meta competed with a number of platforms including Google YouTubeand Apple Inc-in iMessage, as well as elon musk XTelegram, Microsoft Corp. Linkedin and others. FTC, in the market of information sharing with friends and family, meta competes only with Snap Inc Snapchat.

‘Network effects’

Part of the FTC’s work covers the technical concept of “network effects”, because once again the users are likely to maintain more users, dominant positions, because people should go to a ministry.

In Washington, in the trial of the judgment of the jury, was very silent during the survey, but was still silent in the survey that the network effects are still important during the Zuckerberg’s certificate.

“If you can send content from this platform, how important your friends are in a particular platform? Do you have friends?” The judge said.

Zuckerberg said it wasn’t. “These applications now serve as discovery engines in the first place,” he said. “People can take this content to messaging engines.”

If the FTC dominates, a spinoff of Instagram and WhatsApp will revoke years of integration between the applications, violates two of the world’s most popular digital consumer products and delays hundreds of billions of dollars in the market value of meter. The government also increased serious questions about how he evaluates and confirms the transactions.

Large company

Under the questionnaire, Zuckerberg, Zuckerberg, Mota denied the debate of the FTC received by Instagram to bury an opponent. Instagram probably remained independently, which will not be possible to grow as much as possible. Zuckerberg said, “Instagram is built in more live service,” he said.

A small online platform is likely to take place without support for a billion users and a larger company. “Every company with this scale level has a great company,” said Bytedia Ltd.’s Tiktok and Google showed youtube as an example.

The test came before the test of $ 6 billion in 2013, and Zukderberg, Zukderberg, said he grew more to the service company.

Sometimes in this week, when FTC lawyer Daniel Matheson faced the beginning of this week, Zuckerberg tried to leave his statements in previous domestic communications.

Zuckerberg, for messaging applications for messaging applications, advertising in an email blocking, “Trying to build social networks to replace us” for messaging applications accepted an email block on Facebook. This week’s stand, “It is difficult for me to characterize what their intentions are.”

When Hansen asked Instagram and asked how to explain how the threat of instantram and others created by Instagram and others, he referred to a proposal from the previous Intel Corp. CEO Andy Grove, “Only the paranoid survived.”

Matheson later, Known as Facebook Inc, meta, then aware of the antitrest risk, including a known breakup.

ShowedAn e-mail of 2018Zukderberg wrote: “To eliminate the growth of great technological companies, we will have to bend instagram and perhaps to WhatsApp in the next 5-10 years.”

This story was first displayed Fortune.com

Source link