Sheryl Sandberg, Chief Operating Officer of Facebook Inc.
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Facebook COO Sheryl Sandberg argued against two contradictory lawsuits recently filed this week, which could result in a split of Instagram and WhatsApp, saying Facebook’s 2012 and 2014 acquisitions had already been approved by the US government Was given
“Those acquisitions were approved and if you could buy a company, and after eight years, 10 years later, the government could vacate them and open it – it’s a very big problem for American business, So we won’t be competitive. Around the world, “Sandberg said in an interview with Tamron Hall, published on Thursday.
Sandberg’s comments echoed Wednesday by Facebook in response to lawsuits that were filed by the Federal Trade Commission and the Attorney General of the 48 states and territories.
Sandberg also argued against the notion that Facebook does not face competition.
Sandberg said, “We have services but iMessage, there’s TikTok, there’s Snapchat, many of which have grown very, very quickly.” “I can’t get my kids to post on Instagram because they’re too busy on Snapchat and TikTok. You know, if you want to get electricity for your house, you’ve got an option, but you Got lots of options for your time and attention. “