Meta Heading to Antitrust Trial Over IG, Whatsapp & Disney+ Rallies With 4.4M Subs

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Nov 15, 2024

Meta faces an antitrust trial that could split Instagram and WhatsApp from the tech giant. Disney shines in the spotlight with rising Disney+ subscriptions, raising questions about Bob Iger's legacy. The electric vehicle sector feels the heat as tax credit changes loom. Meanwhile, satirical front-runner The Onion makes waves by acquiring InfoWars, prompting discussions about media accountability. Plus, the latest headlines round out your weekend news.

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INSIGHT

Meta's Antitrust Trial

Meta's acquisition of Instagram and WhatsApp faces antitrust scrutiny.
The FTC argues this "buy or bury" strategy stifled competition.

INSIGHT

Meta's Defense

Meta argues that the social media market has evolved since its acquisitions.
Competitors like TikTok, YouTube, X, and LinkedIn now pose significant challenges.

INSIGHT

Disney+ Streaming Growth

Disney+ added 4.4 million subscribers, exceeding expectations.
This growth, along with price hikes and an ad tier, signals a turnaround for their streaming business.

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