The trial, which began Monday, has already highlighted internal Meta communications showing that Zuckerberg once floated the idea of wiping users’ Facebook friends to boost the platform’s relevance.
In a high-stakes antitrust trial that began Monday in Washington D.C., the FTC called for the divestiture of Meta's Instagram and WhatsApp, alleging the acquisitions formed part of an illegal "buy or bury" strategy to monopolize social networking.
Shareholders of Hillenbrand would probably like to forget the past six months even happened. The stock dropped 22.8% and now trades at $20.96. This was partly driven by its softer quarterly results and might have investors contemplating their next move.
What a brutal six months it’s been for MGM Resorts. The stock has dropped 23.9% and now trades at $29.97, rattling many shareholders. This may have investors wondering how to approach the situation.
In a landmark antitrust trial, Meta Platforms Inc. (NASDAQ: META) CEO, Mark Zuckerberg, took the stand on Monday. During his testimony, Zuckerberg disclosed a previously unimplemented plan to reset all Facebook users' connections in 2022.
Amid historic market volatility, we examine Gold vs. tech stock performance, revealing strong signs that the recent shake-up may signal a major capital rotation underway.
Meta CEO Mark Zuckerberg defended the company in court Monday as the FTC's landmark antitrust trial seeks to break up its $1.37 trillion empire over alleged monopolistic control of the social media market.
The social media giant acquired Instagram in 2012 for $1 billion and WhatsApp in a highly competitive bid in 2014 for a whopping $19 billion, beating Google to the punch.
