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Meta CEO Mark Zuckerberg, Instagram head Adam Mosseri, and other Meta execs thought that TikTok was beating Meta at its own ...
Zuckerberg sought to bolster Meta’s argument that it faces fierce competition from TikTok ... FTC Chairman Andrew Ferguson in late March and offered $450 million to settle the agency’s claims ...
The FTC wants to prove Meta has a monopoly over personal social networking, so it wouldn’t view video app TikTok as a ...
Meta also says it is not as dominant as the FTC claims. Meta argues it competes with TikTok, with YouTube, with Snapchat and many other apps vying for everyone's attention. So Meta says ...
Hansen said the FTC is deploying a social media market definition it created that excludes TikTok, YouTube and Apple’s iMessage. “That’s indefensible,” Hansen told the judge. The broad ...