{"id":922806,"date":"2025-04-16T11:22:05","date_gmt":"2025-04-16T05:52:05","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=922806"},"modified":"2025-04-16T11:22:05","modified_gmt":"2025-04-16T05:52:05","slug":"buy-or-bury-mark-zuckerberg-admits-facebook-bought-instagram-because-of-this-better-feature","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/04\/16\/buy-or-bury-mark-zuckerberg-admits-facebook-bought-instagram-because-of-this-better-feature\/","title":{"rendered":"\u2018Buy or bury\u2019: Mark Zuckerberg admits Facebook bought Instagram because of this \u2018better\u2019 feature"},"content":{"rendered":"<p>Facebook founder Mark Zuckerberg has admitted during a high-stakes antitrust trial that the company acquired Instagram due to its camera product that was deemed superior to Facebook&#8217;s in-house project. This admission lends credence to the Federal Trade Commission&#8217;s (FTC) claim that Meta strategically acquired emerging competitors to prevent them from challenging its market position.<\/p>\n<p>According to a report by news agency Reuters, Zuckerberg\u2019s admission comes during his second day of testimony, and appears to bolster the (FTC) claims that Meta employed a \u201cbuy or bury\u201d strategy to eliminate potential rivals to maintain its market dominance.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Facebook founder Mark Zuckerberg has admitted during a high-stakes antitrust trial that the company acquired Instagram due to its camera product that was deemed superior to Facebook&#8217;s in-house project. This admission lends credence to the Federal Trade Commission&#8217;s (FTC) claim that Meta strategically acquired emerging competitors to prevent them from challenging its market position. According to a report by news agency Reuters, Zuckerberg\u2019s admission comes during his second day of testimony, and appears to bolster the (FTC) claims that Meta employed a \u201cbuy or bury\u201d strategy to eliminate potential rivals to maintain its market dominance.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-922806","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/922806","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=922806"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/922806\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=922806"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=922806"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=922806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}