Meta saw TikTok as ‘highly urgent’ threat, Zuckerberg says at antitrust trial

Quick Summary:

"We observed that our growth slowed down dramatically,” as TikTok gained popularity, Meta CEO Mark Zuckerberg said.

It came out earlier in the trial that Snap turned down a $6 billion offer from Facebook in 2013, and Zuckerberg said that service would have grown more had it joined his company.

Responding to Meta’s lawyer Mark Hansen, he can tell his story without pushback.“People will be sharing in new ways in five years, than what is happening today,” Zuckerberg said.

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Article Details

Author / Journalist: Josh Sisco, Kurt Wagner, Bloomberg

Category: EconomyBusiness

Markets: United States

Topics: Federal Trade Commission (FTC) Monopoly Meta TikTok Mark Zuckerberg

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-16 @ 20:37:52 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 785 words

Reading Time: 5 minutes read

Sentences: 4 lines

Sentence Length: 197 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27955727

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Official Website: fortune.com

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