Mark Zuckerberg, Meta’s chief executive, in September. On Tuesday, a federal judge found Meta had not violated antitrust law by buying Instagram and WhatsApp when they were tiny start-ups.
Meta’s acquisitions of Instagram and WhatsApp did not illegally stifle competition in social networking, a judge found, a major win for the tech giant.
Meta has defended itself by saying that it faces plenty of competition from rivals, including TikTok and YouTube, and that it benefited the nascent apps with bountiful resources.
The Silicon Valley company projected more spending this year and said it would continue in 2026 as it hires A.I. researchers and builds data centers to power the technology.
Meta’s chief executive, Mark Zuckerberg, at an event in September showcasing new products. Meta’s core business of online advertising has provided the fuel for its spending on artificial intelligence.
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