Mark Zuckerberg, the chief executive of Meta, took the witness stand in a landmark antitrust trial for a third day, saying on Wednesday that the video app TikTok has emerged as a serious competitor in social networking. In a friendly exchange led by lawyers for Meta, Mr. Zuckerberg said that the fast growth of the…
In his second day on the stand of a landmark antitrust trial, Mark Zuckerberg, the chief executive of Meta, said he bought Instagram and WhatsApp because it was hard to build new apps and dodged questions about whether he was trying to snuff out competitive threats to his company. “Building a new app is hard,”…
The last time the courts seriously weighed the wisdom of breaking up a giant technology company was a quarter-century ago, after Microsoft was found to have illegally stifled competition in personal computer software. A Federal District Court judge said yes to forcing Microsoft to split in two, separating its monopoly Windows operating system from its…
In 2012, when Facebook’s chief executive, Mark Zuckerberg, cut a $1 billion check to buy the photo-sharing app Instagram, most people thought he had lost his marbles. “A billion dollars of money?” joked Jon Stewart, then the host of “The Daily Show.” “For a thing that kind of ruins your pictures?” Mr. Stewart called the…
Seven years ago, Mark Zuckerberg, the chief executive of Meta, testified for the first time in Congress. After a two-week boot camp by his lawyers to prep him, he answered questions in three back-to-back-to-back hearings over two days in a baptism by fire. Mr. Zuckerberg, 40, has had even more practice since then. He has…
The Trump administration isn’t letting up on the tech giants. On Monday, the Federal Trade Commission will face off with Meta in court over claims that the social media giant snuffed out nascent competitors when it bought Instagram and WhatsApp. And on April 21, the Justice Department will argue that a federal judge should force…
Soon after Mark Zuckerberg co-founded Facebook in his Harvard dorm room in 2004, the social network skyrocketed in popularity. Roughly a decade later, the company experienced another round of explosive growth after buying its smaller rivals Instagram and WhatsApp, cementing its place in social media. On Monday, Judge James Boasberg of the U.S. District Court…
Listen to and follow ‘Hard Fork’Apple | Spotify | Amazon | YouTube | iHeartRadio This week, with the tech world in chaos over President Trump’s tariffs, we look at how four specific companies are navigating the new day-to-day reality. Then, the A.I. researcher Daniel Kokotajlo returns to the show to discuss a new set of…
The biggest technology companies and their chief executives donated millions to President Trump’s inauguration, hosted black-tie parties and dinners in his honor, and allowed him to announce and take credit for new multibillion-dollar manufacturing projects. But less than three months into the president’s second term, Mr. Trump has hardly returned their lavish gestures with favors….
When President Trump announced sweeping tariffs this week, some of the biggest tech companies had obvious reasons for worry. Apple, Dell, Oracle, Hewlett-Packard — which rely on hardware and global supply chains that are in the direct line of fire from tariffs — saw their shares go into free-fall. But there was another big tech…