Zuckerberg Proposes $1 Billion to Resolve Antitrust Lawsuit, WSJ Reports
As an antitrust trial loomed that he aimed to evade, Meta’s CEO, Mark Zuckerberg, proposed a $1 billion settlement to the FTC, an increase from his previous offer of $450 million. This negotiation is related to the government’s concerns regarding Meta’s acquisitions of Instagram and WhatsApp, as reported by The Wall Street Journal on Tuesday.