Global platform FACEBOOK, which also owns INSTAGRAM and WHATSAPP, is a global partnership of social media giants, covering billions of global users, including many in the Entertainment and Music Industry.
48 American states have filed a lawsuit accusing Facebook of anti-competitive conduct and the U.S. files an antitrust suit seeking to break off Instagram and WhatsApp.
If successful it would mean that BOTH - INSTAGRAM and WHATSAPP, could have to be SOLD OFF meaning two popular platforms could be altered or even changed, affecting millions of users, and making huge social media problems, for everyone in the entertainment and music industry as well as many businesses. The American Federal Trade Commission and a bipartisan group of state attorneys general sued Facebook for alleged antitrust violations, accusing the social-media giant of a yearslong campaign to buy up or freeze out potential rivals. Facebook bought Instagram for $1 billion in 2012 in a deal that was approved by the FTC at the time in a 5-0 vote, at a time when Instagram wasn’t widely used. Facebook bought WhatsApp in 2014 for around $22 billion.
WEBSITES - NEEDED MORE!!!!
MORE VALUABLE - LONG TERM
For the past 8/10 years, I've stuck to my advice, as I've always known social media can change, and for many individuals and businesses, building up a huge following and working hard for it all to be changed, or deleted due to an app having issues, is heartbreaking, so I've always advised - GET A WEBSITE!!!!
I can help with a Digital Manager Service:
* SOCIAL MEDIA - SETUP
* WEBSITE - BUILD AND MANAGEMENT
For more on Digital Manager Services
Thanks for taking the time to read this personal update about something I believe is interesting and would be useful to promote, it's always appreciated.