During the FTC's antitrust trial, Meta CEO Mark Zuckerberg defended the company against allegations of anti-competitive practices. He testified that Facebook has evolved, with users now more interested in news and global events than just friend connections. He acknowledged declining engagement with friends and family while describing the platform as a 'discovery engine.' The government contends that Facebook retains a monopoly over social connections, based on user registrations that prioritize friends. Zuckerberg also expressed concerns over Facebook's cultural relevance, hinting at extreme strategies to regain user engagement.
Zuckerberg emphasized that Facebook's evolution reflects its shift to a broader platform, stating that user interest has shifted towards discovering news rather than friend connections.
During his testimony, Zuckerberg addressed concerns about Facebook's relevance, hinting at drastic ideas to reshape user connections in a bid to adapt to changing dynamics.
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