WhatsApp Co-Founder Cringes After Testifying How Much He Gave Up by Quitting Facebook - But That's Not Even The Most Painful Part Of The Story
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WhatsApp Co-Founder Cringes After Testifying How Much He Gave Up by Quitting Facebook - But That's Not Even The Most Painful Part Of The Story
In a Washington, D.C. courtroom this week, the Federal Trade Commission (FTC) is trying to convince a judge that the world would be a more competitive and consumer-friendly place if Meta had never acquired Instagram or WhatsApp. One of the central pillars of the FTC’s case is that Facebook’s $19 billion acquisition of WhatsApp in 2014 wasn’t just a savvy business move — it was a strategic elimination of a fast-growing rival. To counter that narr…
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