Connect with us

International

Zuckerberg’s Meta Faces Competition Lawsuit in U.S.

The trial will extend until July 2025. If the FTC wins this first phase, a second and even tougher stage would begin, aiming to argue that forcing Meta to sell Instagram and WhatsApp would directly benefit competition and consumers.

Published

on

417 Views

Zuckerberg is back in the news, this time not to announce the purchase of another company, but quite the opposite.

Union Rayo, reported that this time, Zuckerberg has had to defend himself in a trial that could redefine the history of digital business.

The U.S. Federal Trade Commission (FTC) has taken Meta (the parent company led by the mogul) to court, accusing them of eliminating competition through “killer acquisitions” (buying the competition to shut it down).

That’s exactly the case here, and Zuckerberg might have to say goodbye to his last two purchases: WhatsApp and Instagram. How legal is it to buy your competitors so they won’t outshine you? That’s for a judge to decide.

This trial has been open since April 14, and it has revealed some incredible facts, such as that the purchase of those last two social networks, WhatsApp (one billion dollars) and Instagram (19 billion dollars), could be an illegal strategy.

On the stand, Zuckerberg himself admitted that Facebook is no longer used to connect with family and friends. Want to know more about what’s happening to Meta? We’ll tell you below.

Facebook no longer serves its original purpose”

During his testimony, Zuckerberg admitted that the social network that made him a billionaire is no longer what it used to be.

Today, he explained, Meta is no longer about personal relationships.

Meta is focused on content, discovering viral trends, and following global conversations.

He said it himself: what used to be a platform to share pictures of your cat with distant relatives or childhood classmates is now a showcase where the algorithm is in charge.

Justifying the most controversial acquisitions

The trial also focused (a lot) on Meta’s two most controversial acquisitions: Instagram (in 2012) and WhatsApp (in 2014). Zuckerberg defended both decisions.

He said those platforms wouldn’t have survived without Meta’s investment, and now they’re essential tools for billions of people. Basically, his argument was: “We didn’t destroy them, we made them bigger”

The FTC’s accusations: a strategy to eliminate competition?

In search of a solo reign? Of course, the FTC didn’t see it that way at all.

During the trial, internal emails were shown where Zuckerberg described Instagram as a “terrifying threat” that had to be neutralized “at all costs”.

A rejected 6 billion dollar offer for Snap in 2013 was also revealed, which, according to prosecutors, proves a systematic policy of eliminating rivals.

Was it then a strategy to get rid of the competition? Naturally, the ghost of monopoly is hanging over them, since they have 2 billion direct users between WhatsApp and Instagram alone, with these two companies generating more than half of Meta’s advertising revenue.

“We are not a monopoly”

Meta insists it’s not acting alone. Platforms like TikTok, Reddit, YouTube and X (formerly Twitter) are cited as direct competition.

The company also reminds everyone that all of its acquisitions were legally approved at the time. And of course, undoing them now would just be changing the rules of the tech game.

What’s coming: a battle

The trial will extend until July 2025. If the FTC wins this first phase, a second and even tougher stage would begin, aiming to argue that forcing Meta to sell Instagram and WhatsApp would directly benefit competition and consumers.

What’s at stake?

Basically, the future of how large digital platforms work.

If Meta loses, it wouldn’t be surprising if other giants like Google or Amazon start facing similar lawsuits.

Pressure against big tech isn’t new, but this time, the one on the ropes is Zuckerberg. And this time, there’s no “like” button to save him

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

International

Renowned Gospel Singer and Worship Leader Ron Kenoly Dies at 81

Published

on

29 Views

Dr. Ron Kenoly, the celebrated American gospel singer, worship leader, and songwriter whose powerful anthems have inspired millions worldwide, has passed away at the age of 81.

Kenoly, widely regarded as one of the pioneers of contemporary praise and worship music, was best known for timeless classics such as “Ancient of Days,” “Lift Him Up,” “Sing Out,” “As for Me and My House,” “I Will Come and Bow Down,” and “Jesus Is Alive.” His music, characterized by joyful, exuberant praise and a deep focus on God’s manifest presence, became staples in churches, conferences, and worship gatherings across denominations and continents.

Born on December 6, 1944, in Coffeyville, Kansas, Kenoly served in the United States Air Force before transitioning into full-time ministry. He served as a music pastor and later earned a Doctorate in Ministry of Sacred Music in 1996. His breakthrough came through recordings with Integrity Music in the 1990s, which propelled his ministry to global prominence.

Over the course of his career, Kenoly toured extensively, ministering in more than 120 nations and recording numerous live worship albums that captured the energy and spiritual intensity of his live sessions. His work influenced generations of worship leaders, choirs, and congregations, helping shape modern gospel and praise music.

No official cause of death has been released at this time. Further details and statements are expected from his family or representatives in the coming days.

Ron Kenoly’s legacy endures through his enduring catalog of songs that continue to uplift and draw believers into worship around the world.

Continue Reading

International

South Africa kicks out Israel’s ambassador Ariel Seidman

The South African foreign ministry accused Ariel Seidman of “unacceptable violations of diplomatic norms and practice which pose a direct challenge to South Africa’s sovereignty.”

Published

on

By

48 Views

•Cyril Ramaphosa, South African President

The South African government on Friday declared Mr Ariel Seidman, the chargé d’affaires of the Israeli Embassy, unwelcome and ordered him out of the country within 72 hours, for what it called repeated violations of diplomatic norms, including insulting President Cyril Ramaphosa.

The South African foreign ministry accused Ariel Seidman of “unacceptable violations of diplomatic norms and practice which pose a direct challenge to South Africa’s sovereignty”.

“These violations include the repeated use of official Israeli social media platforms to launch insulting attacks” on Ramaphosa, as well as a “deliberate failure” to notify the South African authorities about visits by senior Israeli officials.

Diplomatic relations between South Africa and Israel have been strained since South Africa brought a genocide case over Israel’s actions in Gaza at the International Court of Justice. Israel has rejected the case as baseless.

South African lawmakers in 2023 voted in favour of closing down the Israeli embassy in Pretoria and suspending all diplomatic relations over the war in Gaza, but that decision was never implemented.

Continue Reading

International

Burkina Faso military government dissolves political parties

Burkina Faso’s Interior Minister Emile Zerbo said the decision was part of a broader effort to “rebuild the state” after what he said were widespread abuses and dysfunction in the country’s multiparty system.

Published

on

By

47 Views

•Photo: Heads of state of Mali’s Assimi Goita, Burkina Faso’s Captain Ibrahim Traore and Niger’s General Abdourahamane Tiani walk together during the first ordinary summit of heads of state and governments of the Alliance of Sahel States (AES) in Niamey, Niger July 6, 2024. REUTERS/Mahamadou Hamidou.

Burkina Faso’s military-led government has dissolved all political parties and scrapped the legal framework governing their operations.

The decree was approved by the government ‘s council of ministers on Thursday.

The decision by the military rulers who seized power in September 2022 is the latest move to tighten control following the suspension of political activities after the coup.

Burkina Faso’s Interior Minister Emile Zerbo said the decision was part of a broader effort to “rebuild the state” after what he said were widespread abuses and dysfunction in the country’s multiparty system.

He said a government review found that the multiplication of political parties had fuelled divisions and weakened social cohesion.

Before the coup, the country had over 100 registered political parties, with 15 represented in parliament after the 2020 general election.

Continue Reading

Trending