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Instagram would have been successful even if Facebook founder Mark Zuckerberg had never purchased the photo-sharing app for $1 billion in 2012, co-founder Kevin Systrom said during the FTC’s ...
Instagram Edits, Meta's newly released video creation app, had a bigger debut than its direct competitor, ByteDance's CapCut, ...
Instagram expanded at a breakneck pace. By April 2012, Instagram was acquired by Facebook, now Meta Platforms, Inc. (META), for $1 billion, just a month before Facebook's initial public offering.
Meta’s antitrust trial, in which the government contends the company killed competition by buying young rivals, hinges on ...