Facebook Pixel To win monopoly fight, Meta is touting a rival: TikTok | Mint Hyderabad - newspaper - Lees dit verhaal op Magzter.com

Poging GOUD - Vrij

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

Mint Hyderabad

|

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.

MEER VERHALEN VAN Mint Hyderabad

Mint Hyderabad

Mint Hyderabad

Why Iranian regime change would transform global energy markets

If the fight leads to regime change in Iran—a prospect that remains far from certain—it could one day reshape global energy markets. Lifting crippling economic sanctions could boost output in a country that already produces roughly 4% of the world’s oil.

time to read

5 mins

March 11, 2026

Mint Hyderabad

Mint Hyderabad

Amazon looks to raise at least $37 billion to pay for AI boom

The tech giant is targeting the equivalent of about $37 billion to $42 billion in a cross-Atlantic offering in dollars and euros, according to people with knowledge of the matter.

time to read

2 mins

March 11, 2026

Mint Hyderabad

Mint Hyderabad

War clouds hiring, expansion, bonus at firms with Gulf links

FROM PAGE 1

time to read

2 mins

March 11, 2026

Mint Hyderabad

Mint Hyderabad

India to validate AI model for weather forecasting

If successful, model can improve warnings, disaster preparedness, agricultural planning

time to read

1 mins

March 11, 2026

Mint Hyderabad

India relaxes curbs on FDI from China

Automatic nod for up to 10%; quick clearance in specific sectors

time to read

1 min

March 11, 2026

Mint Hyderabad

IDFC First settles ₹645-cr fraud case

IDFC First Bank said it has settled fraud claims at its Chandigarh branch of ₹645 crore and found no further discrepancies.

time to read

1 min

March 11, 2026

Mint Hyderabad

Mint Hyderabad

Feb e-way bill numbers show robust economic activity

The extra spending is led largely by higher food and fertilizer subsidies, among other things

time to read

1 min

March 11, 2026

Mint Hyderabad

Mint Hyderabad

Trump says war to end 'very soon,' floats ending sanctions

US president insists operation was ahead of schedule, looks to shore up investors concerned about energy prices

time to read

2 mins

March 11, 2026

Mint Hyderabad

Mint Hyderabad

Waiting for true intelligence

After Alexa plateaued, Google Assistant stagnated and Siri stumbled, when will we get actual smart home assistants?

time to read

4 mins

March 11, 2026

Mint Hyderabad

Iran war revives demand for REITs after IT-driven sell-off

Real estate investment trusts have held up better than the broader market so far this year

time to read

2 mins

March 11, 2026

Listen

Translate

Share

-
+

Change font size