What Next: TBD | The U.S. vs Meta

Slate Technology

Slate

Society & Culture, Technology, History

4.6 • 636 Ratings

🗓️ 18 April 2025

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This week, the FTC and Meta began a trial to determine if—by adding Instagram and WhatsApp to its portfolio with Facebook over a decade ago—the company became a monopoly in social media. If Meta loses, it could be forced to split up, losing Instagram—and its substantial ad revenue. Guest: Paresh Dave, senior writer at WIRED. Want more What Next TBD? Subscribe to Slate Plus to access ad-free listening to the whole What Next family and all your favorite Slate podcasts. Subscribe today on Apple Podcasts by clicking “Try Free” at the top of our show page. Sign up now at slate.com/whatnextplus to get access wherever you listen. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	I made you think you was real.
0:02.0	My name is Caden Sinclair.
0:04.0	Some people call us American royalty.
0:06.0	We were Liars.
0:08.0	A new series on Prime Video.
0:10.0	We were happy. We wanted for nothing.
0:12.0	Based on the best-selling novel.
0:15.0	Something terrible happened last summer,
0:17.0	and I have no memory of what or who hurt me.
0:20.0	No one in my family will tell me. When you're
0:23.0	left for dead, you want answers. We Will Liars. New series, watch now, only on Prime Video. This episode is
0:31.1	brought to you by Indeed. Struggling to get your job posts seen on other job sites. Indeed,
0:36.9	sponsored jobs help you stand out and hire fast.
0:40.2	Your post jumps to the top of search results, reaching the candidates you need.
0:44.0	Plus, there are no monthly subscriptions, no long-term contracts, and you only pay for results.
0:48.3	Speed up your hiring today with a £100-pound sponsored job credit at indeed.com slash SPANUK.
0:56.1	Terms and conditions apply.
1:02.6	All right, let's talk more about that Facebook deal to buy Instagram, Instagram.
1:07.0	For those of you who may not know, is a photo sharing app, kind of a postcard type situation.
1:12.1	Back in 2012, Facebook, now called Meta, bought Instagram for approximately $1 billion.
1:19.9	It was not that much of a surprise because Facebook was struggling.
1:24.5	Peresh DeVay is a senior writer at Wired.
	...

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