📲 Meta’s Zuckerberg eyed Instagram spinoff amid antitrust scrutiny, document shows
#news #Insta
In a 2018 memo revealed during a U.S. antitrust trial, Meta CEO Mark Zuckerberg considered spinning off Instagram amid rising regulatory scrutiny. He acknowledged Instagram was outperforming Facebook’s app and suggested breakups can sometimes benefit companies — a stance that contrasts with Meta’s current position.
Zuckerberg weighed the risks of consolidation, warning it could hurt Facebook’s value without guaranteeing Meta’s long-term control over its app ecosystem.
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