Antitrust hearing: Zuckerberg goes off-script, hits out at Apple, Google

During Wednesday’s testimony before a Congressional antitrust panel, Mark Zuckerberg went off-script a little bit — at least the script we expected — pointing out how Facebook Inc. lags behind a number of competitors, including Alphabet, Amazon.com, and Apple.

Zuckerberg isn’t hesitating to use some sharp elbows, pointing out that Amazon is the fastest-growing advertising platform and Google is the biggest.

“In many areas, we are behind our competitors,” Zuckerberg said. “The most popular messaging service in the US is iMessage. The fastest growing app is TikTok. The most popular app for video is YouTube.

The fastest growing ads platform is Amazon. The largest ads platform is Google. And for every dollar spent on advertising in the US, less than ten cents is spent with us.

Read more

You may also like

Comments are closed.