Instagram founders say breaking up tech firms may not fix issues


  • TECH
  • Tuesday, 12 Mar 2019

Instagram set out to thwart duplicity with an option to authenticate high-profile accounts at the Facebook-owned image or video sharing social network. — AFP Relaxnews

Instagram co-founders Mike Krieger and Kevin Systrom said the government should decide what problem it’s trying to solve before it moves to break up giant tech companies. 

Krieger, responding to a proposal by Democratic Senator Elizabeth Warren to split Facebook Inc, Alphabet Inc’s Google and Amazon.com Inc, said the companies pose different questions for regulators and lawmakers. Facebook’s ownership of multiple social media apps isn’t the same issue as the potential antitrust conflict with Amazon’s private-label business, or the structure of Apple Inc’s app store. 

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Strategy and bitcoin-buying firms face wider exclusion from stock indexes
Paris court rejects French government request to suspend Shein's website for 3 months
YouTube largely back up after being down for thousands of users, Downdetector shows
Temu-owner PDD Holdings appoints co-CEO Zhao as co-chairman of board
Google Cloud lands deal with Palo Alto Networks 'approaching $10 billion,' per source
Russian defense firms targeted by hackers using AI, other tactics
People watched 700 million hours of YouTube podcasts on TV in October
Riot has a secret plan to remake its ‘League Of Legends’ game
Tesla drivers are buying escape tools and�cars�to avoid getting trapped inside
CelcomDigi upgrades One plan with 500Mbps home fibre Internet, starting at RM240 a month

Others Also Read