Gå ubegrenset med Magzter GOLD

Gå ubegrenset med Magzter GOLD

Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare

$149.99
 
$74.99/År

Prøve GULL - Gratis

To win monopoly fight, Meta is touting a rival: TikTok

Mint New Delhi

|

May 06, 2025

Meta Chief Executive Mark Zuckerberg said Instagram and Facebook have become more like TikTok

- Dave Michaels

Weeks into an antitrust trial that threatens the future of Meta Platforms' social-media empire, the company's best bet for a court victory might lie with one of its rivals: TikTok.

The Federal Trade Commission is seeking to break up Meta, alleging that it wields an illegal monopoly originally built more than a decade ago through Facebook's acquisitions of Instagram and WhatsApp.

To prevail, the agency needs to show not only that Meta engaged in unlawful monopolization, but also that its dominance hasn't waned since.

That is where TikTok comes in.

The FTC has been methodically presenting evidence to support its claim that Meta has muscled out most competition in the market for consumers who use social media to connect with friends and family.

Meta has sought to undercut that claim by arguing that the social-media marketplace has evolved into a form of entertainment and news.

In today's world, Meta says, TikTok's short-form video platform is a formidable rival.

That position has scored some points.

Under questioning Wednesday from a Meta lawyer, a senior TikTok executive testified that his company isn't like Instagram and Facebook.

"We are an app and we have social features, but I don't think of us as a social app," said Adam Presser, TikTok's head of operations.

Meta's lawyers then highlighted a series of internal TikTok analyses that muddied the waters.

FLERE HISTORIER FRA Mint New Delhi

Mint New Delhi

VentureSoul closes first debt fund at ₹300 crore

VentureSoul Partners has announced the close of its maiden debt fund at ₹300 crore, with plans to raise an additional ₹300 crore through a green shoe option by February 2026.

time to read

1 min

November 28, 2025

Mint New Delhi

Mint New Delhi

Catamaran to boost manufacturing bets

Catamaran is focused on a few areas in manufacturing, such as aerospace

time to read

2 mins

November 28, 2025

Mint New Delhi

China warns of bubble in humanoid robotics industry

China’s top economic-planning agency has warned over the risk of a bubble forming in humanoid robotics, in a rare official expression of concern about the booming sector.

time to read

1 mins

November 28, 2025

Mint New Delhi

Mint New Delhi

Intel executive's home raided in Taiwan criminal probe

Wei-Jen Lo jumped to Intel from TSMC, triggering legal fight; Intel calls allegations meritless

time to read

3 mins

November 28, 2025

Mint New Delhi

When LLMs learn to take shortcuts, they become evil

Some helpful parenting tips: it is very easy to accidentally teach your children lessons you did not intend to pass on.

time to read

2 mins

November 28, 2025

Mint New Delhi

China's Envision mulls India battery plant

China’s Envision Group is considering building a battery plant in India to take advantage of a push by authorities to upgrade the grid to handle more renewables.

time to read

1 min

November 28, 2025

Mint New Delhi

Doing India’s needy a good turn: Everyone is welcome to pitch in

What may seem weakly linked with positive outcomes on the ground could work wonders over time

time to read

3 mins

November 28, 2025

Mint New Delhi

I-T dept to nudge taxpayers to declare foreign wealth

The department was able to collect 30,000 crore disclosed in the previous Nudge drive

time to read

2 mins

November 28, 2025

Mint New Delhi

Mint New Delhi

Diversification holds the key to reducing our trade vulnerability

India's merchandise exports are less exposed to US policy vagaries than services. The latter need to find new export markets

time to read

4 mins

November 28, 2025

Mint New Delhi

The curious case of LIC’s voting on Reliance, Adani board resolutions

In all, of the about 9,000 resolutions since the beginning of fiscal year 2023 (FY23), LIC voted in favour of over 92% of them and abstained from voting on another 6%.

time to read

6 mins

November 28, 2025

Listen

Translate

Share

-
+

Change font size