New court filing shows that Meta execs agreed that Facebook was losing to TikTok

Image for article New court filing shows that Meta execs agreed that Facebook was losing to TikTok
News Source : TechCrunch

News Summary

  • Mark Zuckerberg, Instagram head Adam Mosseri, and other Meta execs thought that TikTok was beating Meta at its own game
  • That's according to a new filing in the U
  • S
  • Federal Trade Commission’s antitrust lawsuit against the tech giant
  • In the trial, the government is attempting to prove that Meta violated competition laws by acquiring companies like Instagram and WhatsApp to create a social networking monopoly
Meta CEO Mark Zuckerberg, Instagram head Adam Mosseri, and other Meta execs thought that TikTok was beating Meta at its own game. Thats according to a new filing in the U.S. Federal Trade Commission [+4033 chars]

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