Facebook spent a combined $15 billion on stock buybacks in 2017 and 2018 while Chief Executive Mark Zuckerberg deliberately chose to underfund teams tasked with trust and safety work on Instagram, the US Federal Trade Commission said during antitrust trial proceedings today in Washington, DC, federal court.
Facebook spent a combined $15 billion on stock buybacks in 2017 and 2018 while Chief Executive Mark Zuckerberg deliberately chose to underfund teams tasked with trust and safety work on Instagram, the US Federal Trade Commission said during antitrust trial proceedings today in Washington, DC, federal court.
Roughly two hours into trial testimony from
