Isaac Young, 5, right, and his big sister Gianna Young, 7, look at his one-year baby book during a homeschool break in the dining room of their Sunbury, Ohio, home on Tuesday, Nov. 12, 2024. (AP Photo/Carolyn Kaster)
In November, American e-commerce giant Amazon launched astorefront featuring electronics, apparel and other products priced at under $20. Many of the electronics, apparel and other products on the storefront Wednesday resembled the types of items typically found on Shein and Temu.
In their customer notices about the pending price increases, the companies encouraged customers to keep shopping in the days ahead.“We’ve stocked up and stand ready to make sure your orders arrive smoothly during this time,” Temu’s statement said. “Were doing everything we can to keep prices low and minimize the impact on you.”WASHINGTON (AP) — Meta CEO Mark Zuckerberg once considered separating Instagram from its parent company due to worries about antitrust litigation, according to an email shown Tuesday on the second day of an antitrust trial alleging Meta illegally monopolized the social media market.
In the 2018 email, Zuckerberg wrote that he was beginning to wonder if “spinning Instagram out” would be the only way to accomplish important goals, as big-tech companies grow. He also noted “there is a non-trivial chance” Meta could be forced to spin out Instagram and perhaps WhatsApp in five to 10 years anyway.He wrote that while most companies resist breakups, “the corporate history is that most companies actually perform better after they’ve been split up.”
Asked Tuesday by attorney Daniel Matheson, who is leading the antitrust case for the Federal Trade Commission, which incidence in corporate history he had in mind, Zuckerberg responded: “I’m not sure what I had in mind then.”
Zuckerberg, who was the first witness, testified for more than seven hours over two days in the trial that could force Meta to break off Instagram and WhatsApp, startups the tech giant bought more than a decade ago that have since grown into social media powerhouses.Abigail Kwartekaa Quartey chats with her teammates after an evening training session at a school compound where she trains in the Jamestown district in Accra, Ghana, Wednesday, Jan. 22, 2025. (AP Photo/Misper Apawu)
Abigail Kwartekaa Quartey hangs her training kits on the clothesline in her house in the Jamestown district in Accra, Ghana, Wednesday, Jan. 22, 2025. (AP Photo/Misper Apawu)Abigail Kwartekaa Quartey hangs her training kits on the clothesline in her house in the Jamestown district in Accra, Ghana, Wednesday, Jan. 22, 2025. (AP Photo/Misper Apawu)
Abigail Kwartekaa Quartey, 28, right, and her gym mate warm up during an evening training session at a school compound where she trains in Jamestown, Accra, Ghana, Wednesday, Jan 22, 2025 (AP Photo/Misper Apawu)Abigail Kwartekaa Quartey, 28, right, and her gym mate warm up during an evening training session at a school compound where she trains in Jamestown, Accra, Ghana, Wednesday, Jan 22, 2025 (AP Photo/Misper Apawu)