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Instagram can hurt us: Mark Zuckerberg emails outline plan to neutralize competitors

Shortpedia

Content Team
Image Credit: shortpedia

In a 2012 email six weeks before acquiring Instagram, Facebook CEO Mark Zuckerberg wrote that one of his motivations for the acquisition was to neutralize a potential competitor. The emails were revealed during today's hearing before the House antitrust committee featuring four technology moguls: Tim Cook, Sundar Pichai, Jeff Bezos, and Zuckerberg. Facebook was one of the Internet's biggest social networks in 2012.