On the stand, Zuckerberg said clearly I was trying to think through whether we should buy them.
TheFTCclaims that Facebook bought Instagram to eliminate an upstart rival and retain its market dominance.
The purchase of Instagram was announced in April 2012.
Mark Zuckerberg at President Trump’s inauguration in January.Photo by Kenny Holston-Pool/Getty Images
Its not what we ended up doing, Zuckerberg said.
The feed, Zuckerberg said, has evolved into a discovery engine.
Matheson tried to highlight how friends and family connections remained the core value proposition.
