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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.

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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

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International

Doumboya wins Guinea presidential election

Doumbouya, 41, faced eight rivals for the presidency but the main opposition leaders were barred from running and had urged a boycott of the vote held over the weekend.

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Guinea President Mamady Doumbouya (C) greets supporters during his final campaign rally ahead of the country’s presidential election in Conakry on December 25, 2025. (Photo by PATRICK MEINHARDT / AFP)

Guinea’s junta chief Mamady Doumbouya, who had pledged not to run for office after he seized power four years ago, has been elected president.

Doumboya secured a sweeping majority of the vote – 86.72 percent of the first-round vote, according to the General Directorate of Elections, well over the threshold that would trigger a runoff vote.

Voter turnout stood at 80.95 percent, according to Djenabou Toure, head of the General Directorate of Elections, on Tuesday

Doumbouya, 41, faced eight rivals for the presidency but the main opposition leaders were barred from running and had urged a boycott of the vote held over the weekend.

Doumbouya had placed well ahead in districts of the capital Conakry, often winning more than 80 percent, according to official partial results read out by Toure earlier on RTG public television.

He had a similar lead in several other areas, including Coyah, a town near Conakry, and in other parts of the country, such as Boffa and Fria in the west, Gaoual in the northwest, northern Koundara and Labe, and Nzerekore

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International

China to launch digital yuan” or “e-CNY” Jan 1

People’s Bank of China (PBoC) Deputy Governor Lu Lei, said “The future digital yuan will be a modern digital payment and circulation means issued and circulated within the financial system.”

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Image: China digital currency

China will on January 1 launch an “action plan” for boosting management and operations of its digital currency, a deputy governor of the country’s central bank said Monday.

AFP reports that monetary authorities around the world have in recent years been exploring ways to digitalise currencies, propelled by a boom in online payments during the pandemic and the increased popularity of cryptocurrencies such as bitcoin.

People’s Bank of China (PBoC) Deputy Governor Lu Lei, said “The future digital yuan will be a modern digital payment and circulation means issued and circulated within the financial system.”

In the next step towards that goal, a “new generation” arrangement for digital yuan will be launched on January 1, Lu said, encompassing a “measurement framework, management system, operating mechanism and ecosystem”.

The “action plan” will see banks pay interest on balances held by clients in digital yuan — a move to incentivise broader adoption of the currency.

The plan also includes a proposal to establish an international digital yuan operations centre in the eastern financial hub of Shanghai, the report said.

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Crime

Invictus Obi Released from U.S. Prison After Serving Time in $11 Million Fraud Case

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Obinwanne Okeke, the Nigerian businessman popularly known as Invictus Obi, has been released from United States federal prison after serving approximately six years for his involvement in an $11 million internet fraud scheme, multiple reports confirmed on Thursday.

Records from the U.S. Federal Bureau of Prisons (BOP) inmate locator indicate that Okeke is listed as “Not in BOP Custody as of: 12/23/2025,” signaling his exit from federal incarceration ahead of his original projected release date of September 3, 2028.

Okeke, 38, was sentenced to 10 years in prison in February 2021 after pleading guilty to conspiracy to commit wire fraud. The charges stemmed from a sophisticated business email compromise (BEC) scheme between 2015 and 2019, where he and associates used phishing tactics to divert funds, including a major interception targeting Unatrac Holding Limited, a UK-based exporter linked to Caterpillar Inc.

Prosecutors described the operation as causing “staggering losses of about $11 million” to victims through impersonation and computer hacking.

His early release is widely attributed to good conduct credits and provisions under the First Step Act, a U.S. criminal justice reform law that allows sentence reductions for certain non-violent offenders.

Reports from outlets including Linda Ikeji’s Blog, Peoples Gazette, and BusinessDay indicate that deportation proceedings to Nigeria are underway, consistent with his non-U.S. citizen status and the terms of his plea agreement. As his crimes were federal, a transfer to state custody is considered unlikely.

Once hailed as a rising star in African entrepreneurship, Okeke founded the Invictus Group, claiming investments in construction, agriculture, oil and gas, telecommunications, and real estate across Nigeria, South Africa, and Zambia.

In 2016, he was featured on Forbes Africa’s 30 Under 30 list, celebrated for his purported success story from humble beginnings.

His 2019 arrest by the FBI at Dulles International Airport as he attempted to leave the U.S. marked a dramatic fall, sparking widespread discussions on cybercrime, the allure of quick wealth, and scrutiny of young Nigerian entrepreneurs.

With his release, questions now focus on Okeke’s future: potential supervised release conditions in the U.S., his return to Nigeria, and any ongoing restrictions.

No official statement has been issued by U.S. authorities or Okeke’s representatives regarding the exact terms of his release.

The case continues to highlight global efforts to combat BEC scams, which remain a significant threat to businesses worldwide.

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