Amidst high-stakes legal proceedings in Washington, new tactics for regulating digital giants are emerging. Meta Platforms $META CEO Mark Zuckerberg recently testified in a landmark trial spearheaded by the United States Federal Trade Commission (FTC). The FTC’s primary goal is to unravel Meta’s acquisitions of key assets, namely Instagram and WhatsApp, spotlighting renewed concerns over market consolidation and antitrust issues in the digital era.
WhatsApp, owned by Meta Platforms Inc. $META, has announced significant growth in active users across the European Union. According to the latest report, between June and December 2024, the platform averaged 46.8 million monthly active users in 27 EU countries. This milestone has led to WhatsApp being recognized as a "very large online platform" under the Digital Services Act (DSA), introducing new regulatory responsibilities for the company.
In recent years, cybersecurity has become a crucial issue due to the increasing number of hacker attacks on various online services. A recent example of such incidents involves the hacking attempt on the popular messaging platform WhatsApp, owned by Meta Platforms $META, by the Israeli company Paragon Solutions.
