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Instagram’s Systrom Says Zuckerberg Saw App’s Growth as ‘Threat’
Instagram co-founder Kevin Systrom testified that his fledgling photo-sharing app could have built on its own the key features that it launched after getting acquired by Meta Platforms Inc., a claim that could bolster the US government’s monopoly case against the social networking giant.
Instagram co-founder Kevin Systrom testified that his fledgling photo-sharing app could have built on its own the key features that it launched after getting acquired by Meta Platforms Inc., a claim that could bolster the US government’s monopoly case against the social networking giant. In testimony Tuesday during Meta’s antitrust trial in Washington, Systrom recounted how quickly Instagram was growing before the 2012 acquisition. “The users, they just kept coming,” Systrom recalled from the stand under questioning by US Federal Trade Commission lawyer Bob Zuver.
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