Meta CEO Mark Zuckerberg considered spinning off Instagram in 2018 due to mounting antitrust concerns, as revealed during his testimony in a trial against the Federal Trade Commission. In an email, he noted that separating Instagram and possibly WhatsApp could be necessary in light of potential regulatory actions. The FTC is seeking to dissolve these acquisitions, arguing that Meta monopolizes the social networking market.
Mark Zuckerberg has acknowledged that Facebook's approach to friends and connections may need a reset amid ongoing antitrust challenges facing Meta. This admission comes as the company faces scrutiny over its market practices and user engagement strategies, prompting discussions on potential changes to enhance user experience and address regulatory concerns.