Mark Zuckerberg suggested spinning off Instagram

About a year before the Federal Trade Commission first opened its antitrust investigation into Meta’s acquisitions of Instagram and WhatsApp, CEO Mark Zuckerberg internally suggested “the extreme step of spinning Instagram out as a separate company.”

In a 2018 email to his executives, Zuckerberg wrote that, ​​“while most companies resist break-ups, the corporate history is that most companies actually perform better after they’ve been split up.” The memo was displayed in court…