Instagram cofounder Kevin Systrom has testified that Mark Zuckerberg, above, came to see the platform's growth as a "threat" to Facebook’s dominance.

However, despite Systrom’s testimony Meta shares were up nearly 4% in pre-market trading. Systrom said Meta believed that Instagram was “hurting Facebook’s growth” and that this led to it ...

Instagram co-founder Kevin Systrom testified that his fledgling photo-sharing app could have succeeded without being acquired by Meta Platforms Inc. File – The Instagram logo is seen on a cell ...

Kevin Systrom, a co-founder of Instagram, in San Francisco on Feb. 2, 2023. Systrom said during testimony in a landmark antitrust trial that he believed Meta viewed Instagram as a threat and ...

Instagram co-founder Kevin Systrom today testified in the Meta Platforms Inc. antitrust trial, supporting the Federal Trade Commission’s contention that Chief Executive Mark Zuckerberg bought ...

Instagram co-founder Kevin Systrom testified that CEO Mark Zuckerberg treated the photo-centric app’s growth as a “threat” and starved it of resources.