Meta shares fall as CEO defends company from potential breakup

  • Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB) CEO Mark Zuckerberg testified on Tuesday that Facebook acquired Instagram because it had developed a better camera, a key admission in a high-stakes antitrust trial that could determine the future of the company's ownership of Instagram and WhatsApp. Under questioning from the Federal Trade Commission, Zuckerberg acknowledged that his company was conducting a "build vs.