Facebook CEO Mark Zuckerberg Underinvested in Instagram After Acquisition
Instagram co-founder Kevin Systrom testified before a federal judge, bolstering the Federal Trade Commission’s claim that Meta CEO Mark Zuckerberg underinvested in the photo-sharing app after acquiring it. Systrom stated that Zuckerberg seemed to prioritize Facebook over Instagram following the 2012 acquisition, focusing fewer resources on strengthening user privacy and video products. He also expressed … Read more