Thursday, May 8, 2025, 2:20 pm
In a dramatic turn during Meta’s antitrust trial, an Instagram executive revealed that the popular Threads app was initially conceived as an integrated feature within Instagram. This courtroom testimony highlights Meta’s complex strategy amid mounting scrutiny over its market practices and reinforces the heated debate around tech monopolies.
When Adam Mosseri took over Meta-owned Instagram as CEO in 2018, the app was experiencing what he'd later call "concerning" drops and plateaus in user engagement, thanks partly to fierce competition from a new app: TikTok. Instagram estimated in 2019 that 23 percent of the decline in time spent on…
Instagram Head Testifies in Meta Antitrust Case The Information
Instagram boss Adam Mosseri is on the stand today in Meta’s antitrust trial. In trying to prove the social network is not a monopoly, he shared that the Threads app could have been just a feature inside of Instagram. Meta was working on built-in Threads features for Instagram first to compete with…
permalink / 3 stories from sources in 39 hours ago #techpolicy #meta #antitrust #apps
Facing escalating U.S. tariffs, Apple appears to be quietly shifting iPhone production to Brazil through its Foxconn partnership. Despite Apple’s denials, industry insiders suggest this strategic relocation aims to stabilize prices and secure the supply chain, proving that when it comes to international trade, geography often trumps rhetoric. More...
HR tech startup Rippling has astonished investors by reaching a $16.8 billion valuation following a $450 million Series G financing round. This meteoric rise, buoyed by savvy venture capital interest (YC reportedly being one of the backers), adds another chapter to today’s ever-expanding unicorn saga. More...
Google has agreed to a settlement of roughly $1.375 billion to settle allegations of invasive data tracking practices in Texas. Both reports detail the breach of users’ sensitive geolocation and privacy rights, marking another hefty reminder that digital privacy demands serious oversight—even if enforcement sometimes seems as elusive as a mirage. More...
Google is shaking up the developer playground by adding an implicit caching feature to its Gemini 2.5 API, promising to cut costs by up to 75%. By reusing common data prefixes, this move transforms repetitive prompt handling, making high-powered AI more efficient—and a bit more wallet‐friendly—for tech innovators. More...
In a high-tech twist on digital security, Google is deploying on-device AI in Chrome to sniff out and block online scams in real time. This stealth upgrade is set to intercept nasty cyber schemes before they even reach your browser, proving that even your computer can have a watchdog with a wicked streak. More...
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