Breaking News
Translate

Facebook calls splitting off Instagram, WhatsApp a ‘nonstarter’

Kindly Share This Story:

Facebook promises cheaper internet in Africa

Facebook views the idea of splitting off Instagram and WhatsApp as a “nonstarter” that would cost billions of dollars and harm users, a new report says.

The social-media giant has outlined its arguments against undoing two of its biggest acquisitions in a 14-page document as it faces crackdowns from federal regulators and congressional lawmakers, according to The Wall Street Journal.

ALSO READ:Police dismiss video alleging SARS killing in Delta

The document contends that breaking up the popular apps would be extraordinarily difficult given that Facebook has made big investments to support their growth and taken steps to integrate their operations, the paper reported Sunday.

Unwinding the acquisitions would also hurt the user experience, weaken security and force Facebook to spend billions of dollars to maintain separate systems for the apps, the document reportedly claims.

“A ‘breakup’ of Facebook is thus a complete nonstarter,” the document reads, according to the Journal.

The details of Facebook’s arguments for keeping its various platforms attached at the hip followed reports that the Federal Trade Commission could bring an antitrust lawsuit against the company by the end of the year.

ALSO READ: Drugs make Southern Kaduna youths off guard when bandits attack ― CAN

The House Judiciary Committee’s antitrust panel has also been investigating competition concerns about Facebook along with Google, Apple and Amazon and could release a report on the allegations this week.

While the FTC allowed Facebook’s acquisitions of Instagram and WhatsApp to proceed, the agency has been probing concerns that the Silicon Valley titan uses its dominance in the social-media market to crush the competition.

NY Post

Vanguard

Kindly Share This Story:
All rights reserved. This material and any other digital content on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from VANGUARD NEWS.

Disclaimer

Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.
Do NOT follow this link or you will be banned from the site!