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For many Hindus, Lord Jagannath is the epitome of being

LONDON: India is in trade talks with countries with whom

NEW DELHI: Govt has imposed import curbs on certain colloidal

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Influencing others isn’t about manipulation or playing tricks— instead, it’s about understanding human behaviour and using psychology-based hacks to connect and inspire people to get what you want. Whether you’re

For many Hindus, Lord Jagannath is the epitome of being complete. With his large eyes he looks over the entire universe, keeping everything and everyone in check. But one thing

LONDON: India is in trade talks with countries with whom it doesn’t compete but can complement the economies involved, commerce and industry minister Piyush Goyal said.Addressing an India Global Forum

NEW DELHI: Govt has imposed import curbs on certain colloidal precious metals, with an aim to check the illegal inflow of gold into India in liquid form. Colloidal precious metals

This is an AI-generated image, used for representational purposes only. In a landmark development for India’s clean energy ambitions, five hydrogen fuel cell-based buses were officially flagged off on Thursday

BENGALURU/MUMBAI: TCS chairman N Chandrasekaran skipped the company’s 30th annual general meeting on Thursday, his second consecutive absence from a Tata Group company’s shareholder meeting. Company secretary Yashaswin Sheth informed

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LONDON: India is in trade talks with countries with whom it doesn’t compete but can complement the economies involved, commerce and industry minister Piyush Goyal said.Addressing an India Global Forum

This is an AI-generated image, used for representational purposes only. In a landmark development for India’s clean energy ambitions, five hydrogen fuel cell-based buses were officially flagged off on Thursday

MUMBAI: With healthcare costs varying widely across Indian states, insurers are shifting away from uniform pricing toward region-specific health policies. Bajaj Allianz General Insurance has launched customised state-wise health insurance

India’s primary market is set for its busiest period this year, with at least four companies planning to raise a total of Rs 15,000 crore through IPOs next week. Kalpataru,

Amazon is set to inject $233 million into its Indian operations this year, aiming to bolster infrastructure and enhance delivery speeds. This investment will also fuel the development of new

MUMBAI: The rupee weakened for the third straight session on Thursday, closing at 86.72 against the dollar – down 24 paise. The rupee touched an intraday low of 86.89, its

Meta CEO Zuckerberg considered spinning off Instagram 2018: FTC trial

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Thilina Kaluthotage | Nurphoto | Getty Images

Meta CEO Mark Zuckerberg considered spinning out Instagram in 2018 on concerns about the rising threat of antitrust litigation against Facebook, according to an email presented Tuesday in a Washington, D.C. courtroom.

During Zuckerberg’s second day of testimony in Meta’s antitrust trial with the Federal Trade Commission, lawyers representing the FTC presented an email from May 2018, in which Zuckerberg appeared to comment on the possibility of separating the photo-sharing app his company purchased in 2012 for $1 billion. In 2012, Instagram had fewer than 10 employees while Facebook, prior to its corporate rebranding to Meta, was approaching its initial public offering.

“And i’m beginning to wonder whether spinning Instagram out is the the only structure that will accomplish a number of important goals,” Zuckerberg wrote in the email. “As calls to break up the big tech companies grow, there is a non-trivial chance that we will be forced to spin out Instagram and perhaps WhatsApp in the next 5-10 years anyway. This is one more factor we should consider.”

Meta’s acquisition of Instagram and its ensuing 2014 purchase of WhatsApp for $19 billion are at the heart of the blockbuster antitrust trial that kicked off Monday and could last weeks.

The FTC alleges that Meta monopolizes the personal social networking market, and believes that the company should never have been able to acquire the photo-sharing and messaging apps. The commission is seeking to cleave those apps from Meta as a possible remedy.

Meta disputes the FTC’s allegations and claims the commission mischaracterizes the competitive landscape and fails to acknowledge a number of rivals like TikTok and Apple’s iMessage.

WATCH: Mark Zuckerberg takes witness stand on first day of antitrust trial.

Mark Zuckerberg takes witness stand on first day of antitrust trial



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