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In antitrust listening to, Zuckerberg admits Fb has copied its competitors

On the Home Antitrust Subcommittee hearings this afternoon, Fb CEO Mark Zuckerberg was immediately questioned about his firm’s technique of copying rivals’ app and options, and even threatening to take action as a negotiation tactic amid M&A discussions. In his response, Zucke…
At the House Antitrust Subcommittee hearings this afternoon, Facebook CEO Mark Zuckerberg was directly questioned about his company’s strategy of copying competitors’ app and features, and even threatening to do so as a negotiation tactic amid M&A discussions. In his response, Zucke…

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Author: Sarah Perez

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Sarah Perez has recently written 10 articles on similar topics including :
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  2. "If youre old enough to remember the outrage that followed Twitters decision to replace stars with hearts (aka likes instead of favorites), then you know that Twitters user base has strong feelings about how it wants to engage with tweets". (March 24, 2021)
  3. "Facebook confirmed its testing a video speed-dating app called Sparked, after the apps website was spotted by The Verge. Unlike dating app giants such as Tinder, Sparked users dont swipe on people they like or direct message others". (April 13, 2021)
  4. "Facebook confirms its testing a new QR code feature and payment links for use with Facebook Pay to make it easier for people in the U.S. to send or request money from one another". (April 6, 2021)
  5. "Facebook today is introducing a new tool that will allow rights holders to protect and manage their photos across both Facebook and Instagram". (September 21, 2020)
  6. "Facebook today is rolling out a new feature that will allow friends and family to watch videos together over Messenger". (September 14, 2020)
  7. "Facebook announced today it will begin rolling out new functionality that will allow Instagram and Messenger users to communicate across apps, in addition to bringing a host of Messenger -inspired features to the Instagram inbox". (September 30, 2020)
  8. "Facebook this morning announced a series of new rules designed to further penalize those who violate its community standards, specifically around Facebook Groups. It also introduced rules meant to crack down on the spread of misinformation through these more private networks". (September 17, 2020)
  9. "Twitter CEO Jack Dorsey got called out by Rep. Kathleen Rice (D-NY) for tweeting during todays congressional hearing on disinformation and extremism". (March 26, 2021)
  10. "Facebook this morning announced it will increase the penalties against its rule-breaking Facebook Groups and their members, alongside other changes designed to reduce the visibility of groups potentially harmful content". (March 17, 2021)
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