A U.S. federal judge on Tuesday ruled Meta did not break antitrust laws by illegally stifling competition through its purchases of Instagram and WhatsApp, a defining win for the tech giant as it seeks to expand its dominance in the AI era.

U.S. District Court Judge James Boasberg’s decision dismissing the Federal Trade Commission’s (FTC) lawsuit against Meta, which accused the company of maintaining a monopoly in the market

Meta has prevailed over an existential challenge to its business that could have forced the tech giant to spin off Instagram and WhatsApp.

Meta is overhauling Facebook Marketplace with new collaborative tools, social features, an improved checkout experience, and Meta AI integrations, the company announced Thursday.

District Judge James E. Boasberg rejected the Federal Trade Commission’s argument that Meta’s acquisitions of Instagram and WhatsApp violated antitrust laws.

Mark Zuckerberg’s Meta dodged a forced selloff of Instagram and WhatsApp after beating the Federal Trade Commission’s landmark antitrust case.

Sify tie-up for AI data centre in Vizag comes when Google, TCS and Reliance Industries have announced their AI infrastructure plans for India.

Meta has won its antitrust case against the Federal Trade Commission. The FTC said Meta held an illegal monopoly in social networking -- centering on the company's acquisitions of WhatsApp and Instagram.

Meta scored a major win on Tuesday after a federal judge ruled that it is not a social networking monopoly, shooting down an argument from the US Federal Trade Commission that it should be forced to spin off two of its most popular platforms.

Meta Platforms remains a Hold, with long-term growth potential but significant short- to mid-term downside risk due to high valuation and AI bubble concerns.