Systrom said during testimony in a landmark antitrust trial that he believed Meta viewed Instagram as a threat and denied it resources. — JASON HENRY/The New York Times
WASHINGTON: Kevin Systrom, a co-founder of Instagram, testified April 22 in a landmark federal antitrust trial that his startup was starved of resources after Meta bought it because Mark Zuckerberg, the CEO, was afraid of the success of the photo-sharing app.
“Mark was not investing in Instagram because he believed we were a threat to their growth,” Systrom said.
