In an ongoing antitrust trial, Meta Platforms is leveraging TikTok as a key argument to counter claims of monopolization by the Federal Trade Commission. The FTC aims to prove that Meta's dominance in social media has not diminished, while Meta contends that TikTok's emergence as a competitor alters the landscape of social media and entertainment.
YouTube, founded 20 years ago by Jawed Karim, Steve Chen, and Chad Hurley, has transformed into a significant media powerhouse, potentially worth up to $550 billion. With over 20 billion videos uploaded and a growing subscription base, YouTube is projected to surpass Disney in revenue by 2025, although it faces challenges from TikTok and ongoing antitrust scrutiny towards parent company Google.