Ted Johnson

1 week ago | deadline.com | Ted Johnson

Mark Zuckerberg today was confronted with what government attorneys characterized as a “smoking gun” in their antitrust case against Meta: An email exchange in which he discussed the company’s rationale for purchasing other companies as a way to “neutralize a potential competitor.” At the time, Meta had its eyes on fast-growing Instagram, and Zuckerberg and the company’s then CFO, David Ebersman, were having an exchange over the potential benefits of an acquisition.

1 week ago | deadline.com | Ted Johnson

Meta CEO Mark Zuckerberg took the witness stand in the Federal Trade Commission’s antitrust trial, defending his company against the government’s claim that is an anti-competitive monopoly that has tried to eliminate rivals. In a blue suit and white blue tie, Zuckerberg carefully read through a series of emails and other documents as the government’s attorney grilled him on changes made to Facebook through the years.

1 week ago | deadline.com | Ted Johnson

Greg Gutfeld will host a three-part game show for subscription service Fox Nation, Greg Gutfeld’s What Did I Miss?, in which contestants who have been isolation are tasked with trying to figure out what event headlines are real or fake. Gutfeld, host of the top rated Gutfeld! and co-host of The Five, will helm the three episode series starting on May 12, with the second and third episodes dropping on May 13 and 14. Per Fox Nation, the four contestants were in isolation from Jan.

1 week ago | deadline.com | Ted Johnson

An attorney for the Federal Trade Commission told a judge that Facebook, fearing the competitive threat of Instagram posted to their social media network, acquired both as a way to “neutralize” the rival. “They decided that competition was too hard,” the FTC’s attorney, Daniel Matheson, said in his opening statement in the government’s antitrust case against the Meta Platforms social media empire.

1 week ago | deadline.com | Ted Johnson

Donald Trump again lashed out at 60 Minutes, this time angry over two segments the newsmagazine ran on Ukraine and Greenland. The president’s attacks on the media and 60 Minutes are nothing new; what’s different this term is he’s tried to assert authority over independent agencies that regulate the media business.