The 2006 Zuckerberg quote at the center of Meta’s antitrust trial

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In September 2006, Mark Zuckerberg, CEO of Facebook, described what made his social network special. “Facebook is about real connections to actual friends,” he wrote in a company post.

Two decades later, that description is at the center of a landmark antitrust trial against Zuckerberg’s social networking empire, now called Meta, and whether it illegally stifled competition. In essence, the trial has raised the question of whether social networking is simply about connections to friends and family, or whether it is something more.

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The 2006 Zuckerberg quote at the center of Meta’s antitrust trial


In September 2006, Mark Zuckerberg, CEO of Facebook, described what made his social network special. “Facebook is about real connections to actual friends,” he wrote in a company post.

Two decades later, that description is at the center of a landmark antitrust trial against Zuckerberg’s social networking empire, now called Meta, and whether it illegally stifled competition. In essence, the trial has raised the question of whether social networking is simply about connections to friends and family, or whether it is something more.

The Federal Trade…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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