Zuckerberg will defend Instagram, WhatsApp acquisitions before Congress

"Instagram and WhatsApp have been able to grow and operate their services using Facebook's bespoke, lower-cost infrastructure and tackle spam and harmful content with Facebook's integrity teams and technology."Zuckerberg argued that Instagram benefited from its acquisition by using Facebook's technology to stabilize its infrastructure and remove spam. Facebook's acquisition of WhatsApp, meanwhile, allowed it to make the secure messaging app free to users, he said.

"These benefits came about as a result of our acquisition of those companies, and would not have happened had we not made those acquisitions," Zuckerberg said. "We have developed new products for Instagram and WhatsApp, and we have learned from those companies to bring new ideas to Facebook. The end result is better services that provide more value to people and advertisers, which is a core goal of Facebook's acquisition strategy.

Zuckerberg also argued that companies are not bad just because they are big, adding that many large companies cease to exist after failing to compete. "Several years ago, Facebook moved our headquarters to the campus where Sun Microsystems used to be," Zuckerberg said. "We kept their sign out front, on the back of ours, to remind us that things change fast in tech. I've long believed that the nature of our industry is that someday a product will replace Facebook. I want us to be the ones that build it, because if we don't, someone else will.

At least Bezos didn't throw anyone under the bus.

Facebook: we shouldn't be here. Google and Apple are the real bad guys. Smh

Mark zingerburger!

Zuckerberg is trash

Accept that you now have to edit content and are considered publishers of content. So your service of providing content would be paid for service. Like a newspaper. Then people know what they’re getting.

Facebook is awful.

Great speech

End the Billionaire Class. Break Up Big Tech.

Let us know how much the members of the congress owbs Facebook. Ridiculous charade.

Yes senator. Sssss.

Zuckersucker is a an American disgrace. We will defeat him.

😒🤳🏿Facebook is why I don't f*ck with Instagram. That, and the fact that I hate the idea of holding a phone while I talk while trying to respond to people responding to me as I talk into this phone I'm holding.

Without the purchase of Instagram and WhatsApp Facebook would be MySpace right about now

🖕Mark Zuckerberg 🖕

Expect a dividend cut

What's there to defend? He is buying everything up just like Amazon did with Whole foods..

Break up Facebook!

that was like 12 years ago

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