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Decision on Facebook Breakup Likely Won’t Come Until 2025

By
Josh Sisco
· · Source: The Information

The federal judge presiding over the Federal Trade Commission’s antitrust lawsuit to force Facebook (now Meta Platforms) to sell of Instagram and WhatsApp likely won’t rule until 2025, some four years after the case was filed, six years after the investigation first kicked off, and 15 years after Facebook bought the popular photo sharing app. US District Judge James Boasberg in Washington,...

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You don’t need special glasses to see why Meta Platforms announced its latest mixed-reality headset, the Quest 3, on Thursday, just days before Apple is expected to unveil its own entry to the field. CEO Mark Zuckerberg has literally bet the company, and its name, on the metaverse, but the results so far have been disappointing. It’s been almost a decade since Meta, née Facebook, stepped...
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