Meta is resisting the US FTC's attempt to modify a 2020 privacy settlement, citing voluntary disclosure of Messenger Kids app flaws without parent complaints. Additionally, Meta seeks dismissal of the FTC's antitrust lawsuit challenging Instagram and WhatsApp acquisitions, arguing against evidence of consumer benefit.
Meta asks a judge to throw out an FTC antitrust case https://t.co/JGrE3u3TcD
Meta just filed its Motion for Summary Judgment seeking dismissal of the @FTC's 2020 suit challenging the decade-old Instagram and WhatsApp acquistions. This is *after* discovery; remember, the FTC had its case kicked out of court before discovery but refiled. A short 🧵. https://t.co/uJpNzwEKg8
Meta asks US judge to toss blockbuster antitrust case https://t.co/vqaKqhoiKx
Filings in FTC lawsuit: Instagram had revenues of $22B in 2020, or 26% of Meta's total revenue, $32.4B in 2021, or 27% of Meta's revenue, and $16.5B in H1 2022 (Bloomberg) https://t.co/oDrS7YWfpq 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/dgYbetufQp
Meta brought in almost 30% of its revenue from Instagram in the first half of 2022, according to court filings in the FTC’s antitrust suit to break up the company https://t.co/MAUciEMtBn
Meta asks judge to dismiss FTC antitrust case https://t.co/zsWuYOcHE2
FTC anti-trust suit against Facebook $META shows that Instagram generated 30% of their revenue (>$50 Billion)
FTC anti-trust suit against Facebook $META shows that Instagram generated 1/3 of revenue or >$50 billion of revenue
Instagram brought in ~$17 Billion of Revenue in the first 6 months of 2022 INSTAGRAM REVENUE FIGURES RELEASED IN FTC ANTITRUST LAWSUIT / INSTAGRAM GENERATED ALMOST 30% OF $META REVENUE IN 1H 2022 Facebook reported revenue of $56.73B during the first half of 2022 https://t.co/pTvTvbZVMZ
INSTAGRAM REVENUE FIGURES RELEASED IN FTC ANTITRUST LAWSUIT
INSTAGRAM GENERATED ALMOST 30% OF META REVENUE IN 1H 2022
Meta Seeks Dismissal of FTC’s Antitrust Lawsuit Over Instagram, WhatsApp Deals, Claiming It ‘Faces Fierce Competition From a Range of Platforms’ https://t.co/oaaMATLL10 via @variety
Meta Seeks Dismissal of FTC's Antitrust Lawsuit Over Instagram, WhatsApp Deals, Claiming It 'Faces Fierce Competition From a Range of Platforms' https://t.co/3sSeLSIPPU
*INSTAGRAM REVENUE FIGURES RELEASED IN FTC ANTITRUST LAWSUIT INSTAGRAM GENERATED ALMOST 30% OF META REVENUE IN 1H 2022 $META
META - ASKED THE COURT TO DISMISS THE CASE "BECAUSE THE FTC HAS FAILED TO PROVIDE EVIDENCE TO SUPPORT ITS CLAIMS"
META - FILES MOTION FOR SUMMARY JUDGMENT IN FTC LAWSUIT RELATING TO INSTAGRAM AND WHATSAPP
Meta asks court to dismiss FTC’s monopoly claims https://t.co/qM2XuIAOO6
Meta asked a judge to dismiss the US FTC’s antitrust lawsuit seeking to break up the company, saying the agency can’t prove consumers would be better off without its acquisitions of Instagram and WhatsApp. https://t.co/jnGTeKhQGY
Meta has rebuffed an attempt by the FTC to amend a 2020 privacy settlement, noting that it had voluntarily disclosed two technical errors related to its Messenger Kids app to the agency. Meta disclosed the bugs in July 2019, the Facebook-parent said https://t.co/yP50FzIpjc https://t.co/xG9e43X2Jy
Meta has rebuffed an attempt by the US Federal Trade Commission to amend a 2020 privacy settlement, noting that it had voluntarily disclosed two technical errors related to its Messenger Kids app to the agency https://t.co/R0wGEEBpEE
Meta has rebuffed an attempt by the US Federal Trade Commission to amend a 2020 privacy settlement, noting that it had voluntarily disclosed two technical errors related to its Messenger Kids app to the agency. More here: https://t.co/GVyLh5w6Ig
Meta pushes back on US FTC's bid to amend 2020 privacy settlement https://t.co/yP50FzIX8K https://t.co/fF4OTTtWno
Filing: Meta rejects the FTC's bid to amend its 2020 privacy settlement, saying it voluntarily disclosed two Messenger Kids bugs and had no parent complaints (@leah_nylen / Bloomberg) https://t.co/XNieoOKf7G 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/J49f5Ob9cU
Meta is pushing back on a bid by the US FTC to amend a privacy settlement dating back to 2020, saying that the company voluntarily disclosed two flaws in its kids chat app to the agency and received no complaints from parents. https://t.co/6JLb5rITuT
A D.C. Circuit panel refused Meta's bid to delay the FTC from pursuing changes to a $5 billion privacy settlement, saying the social media giant failed to show why it's entitled to an emergency injunction while it's challenging the FTC's structure. https://t.co/28RxJM4MlS https://t.co/bJliIG3Nus
A court ruled that Meta cannot delay the FTC from opening a privacy probe into Facebook. The agency wants to tighten an existing Facebook privacy settlement to ban profiting from minors' data and expand curbs on facial recognition technology https://t.co/bJr1Bo3xyi https://t.co/kGoBogd4Mv