in early 2012 when facebook contemplated acquiring instagram, you told new ceo that instagram could be very disruptive to facebook and in the weeks leading up to the deal you describe instagram a5 a thread saying instagram can't meaningfully hurt us without becoming a huge business. what did you mean when you describe instagram asa you mean when you describe instagram a5 a threat, as disruptive, and when you said that instagram could meaningfully hurt facebook? did you meaningfully hurt facebook? did you mean that consumers might switch to instagram from facebook? thank you for the opportunity to address this. at the time there was a small but growing field... did you mean that consumers might switch? did you mean that? in the space of mobile photos and camera apps, which was growing, they were a competitor. fine, fine. in february of that year, february 2012, you told facebook's chief financial officer that you are interested in buying instagram for the purpose of the deal was to neutralise the potential competitor or or integrate their product with facebook wa5 w answered a combinati

and in the weeks leading up to the deal, you described instagram as a threat, saying quote, instagram can meaningfully hurt us without becoming a huge business. what did you mean when you described instagram as a threat? as destructive? and when you understand stugram could meaningfully hurt facebook. did you mean consumers might switch from facebook to instagram? >> congressman, thanks for the opportunity to address this. at the time, there was a small but growing field -- >> did you mean that consumers might switch from facebook to instagram? >> thanks. congressman -- >> yes or no? >> in the space of mobile photos and camera apps, which was growing, they were a competitor. >> thanks. in february of that year, february 2012, you told facebook's chief financial officer that you were interested in buying instagram. i asked you whether the purpose was to neutralize competitor or integrate, you answered it was a combination of both, saying what we're really buying is time. even if some competitors spring up, those products won't get much traction because we'll already have this deployed

in the weeks leading up to the deal, you described instagram as a threat, saying, instagram can hurt us without becoming a huge business. >> at the time, there was a small but growing field -- >> did you mean consumers might switch from facebook to instagram? >> congressman -- >> did you mean that? >> in the space of mobile photos and camera apps, they were a competitor. i've been clear that instagram was a competitor in the space of mobile photo sharing. by having them join us, they went from being a competitor to an app that we could help grow. >> mergers and acquisitions that by off potential competitive threats violate antitrust laws. purchasedn words, you instagram to neutralize a competitive threat. if this was illegal at the time of transaction, why shouldn't instagram be broken off into a separate company? >> i think the ftc reviewed this and unanimously voted not to challenge the acquisition. the acquisition has done wildly well, not just because of the founder's talent, but because we invested in building the infrastructure and promoting it and working on security and a lot

in the weeks leading up to the deal you described instagram as a threat, saying quote, instagram can meaningfully hurt us without become a business. what did you mean that you described instagram as a threat, disruptive and you said instagram could meaningfully hurt facebook? did you mean that consumers might switch from facebook to instagram? >> congressman, thanks for the opportunity to address this. at the time there was a small by growing field of -- >> did you mean that consumers might switch from facebook to instagram? that was my question. >> thanks, congressman -- >> yes or no, did you mean that? >> in the space of mobile photos and camera apps which was growing, they were competitor. i've been clear about that. >> okay, fine. in february of that year, february 2012 you told facebook's chief financial officer be that you were interested in buying instagram. he asked you whether the purpose of the deal was to neutralize a propoke spif competitor or integrate their products with ours to improve our services you answered it was combination of both. saying what we're really buyin

information on the all stories on our web site that's to w dot com and also to follow us on twitter on instagram that's t w news. and the lead thanks so much. what secrets lie behind. discover new adventures in 360 degree. and explore fascinating world heritage sites. double your world heritage 360 get kidnapped now. musters from nigeria you know that's what money would sponsor. me. and take. cover and successful beyond belief. this is the way we do it. would start august 7th on d w. the shootings that take talk is currently the most downloaded social f. what type of videos work on take talk how can you make money with it and how open is the chinese app i want to be today on shift. today to take stock has been downloaded more than 1600000000 times worldwide and 44 percent of those downloads were in 2019 the at this excess fill in all major markets europe the us india and under the name do you in also in china its success is largely due to its dedication to fun especially take the challenges crowd jesus . now look at many. is the success of the popular lip sync up music and 2017 the chinese tech

stars are born on take stock but they don't dominate the platform yet like they do or instagram that's because tick tocks algorithm evaluates each video individually we got less of who posted it so in. theory everyone has an equal chance at 15 seconds of. tick tock as an estimated 800000000 active monthly users worldwide on average are younger than users on the other social networks and it goes without saying that take talk is extremely attractive for brands. in germany to talk still has relatively little advertising compared to other social media platforms but the ad industry is becoming aware of the potential. reach and creators are seeing the possibilities and the brands are seeing the possibilities so we're at the threshold where product placement and product presentation is being integrated into the content with. companies combined and space and appeared for instance when you launched the tick tock. advertising videos also that here in the users feed like this fast food chain the hash tag breakdowns is supposed to encourage participation meanwhile unboxing videos are also being po

and the -- i think the day after instagram deleted my post and just said that i break the rules of instagram. that i was violent and i was spreading -- spreading violence and bad message on my instagram. so i should stop it. and it's quite, quite unbelievable because when i was abused again on instagram, i report the message that i received, and after their investigation, they find out that there were no violence message towards me and the accounts didn't break the rules. so it's quite -- it's quite amazing how you can have two -- two kinds of a reaction about this on various levels. >> yeah, it's difficult to understand and to believe. it didn't happen only once. several times. because i receive a lot of message. and yeah, i reported maybe 10, 15 message. and for three, four of them they said that there were no violence in the account that you reported. >> where do we go? what do we do with this? because i can't see a situation where this is going to stop. people are allowed to do all sorts of things on social media. >> yes, but i think the first step maybe it's to obligate every person who

many, many tweets, they are on instagram as well, there is some hateful stuff. it breaches their conditions. wiley remains unapologetic despite widespread condemnation. some are now calling for him to be stripped of his mbe. a spokesperson from facebook, which owns instagram has said: twitter has also issued a statement saying: actress tracy ann oberman is calling for people to walk—out from twitter. she is with us now. good afternoon. what do you mean by a walk out from twitter? look, yet again it take somebody like me, i'm an actor and writer, not an activist. i stood up against racism and what i witnessed over 48—hours of wiley‘s account spewing out not just over 48—hours of wiley‘s account spewing out notjust conspiracy tropes, i have never seen racism like it. post after post. it was upsetting to read. the problem is, you know, wiley is entitled to his opinion to hatejewish people. but what he is not entitled to do is break the law on hate crime and use a platform, who remit says it is against race hate. platforms like twitter do so little on acco

at the time of the transaction why shouldn't instagram now be broken up into a separate. well congressman i think the f.t.c. all of these documents and review this and unanimously voted at the time not to challenge the acquisition. for rituals is really interesting given the timing of all of this that we're in the middle of a pandemic why did they choose it to have these these hearings now well that's one of the things that was mentioned by the leaders of this committee they noted that during the lockdown that we've seen as a result of this pandemic it has really hit small businesses the hardest you know your mom and pop shops are the ones that are now going out of business and a lot of people are now going online they're going to facebook google amazon all of those sorts of websites which means that the tech companies that are being discussed here today are actually getting even more powerful so a lot of them are saying well now is the time to hold them accountable now is the time to push for more oversight especially now as we see a lockdown that we don't see ending and

in the weeks leading up to the deal, you described instagram as a threat, saying that instagram can immediately hurt us without becoming a huge business. what did you mean when you described instagram as a threat, disruptive? and you say that instagram could meaningfully hurt facebook? did you mean that consumers might switch from facebook to instagram? the opportunity to address this. at the time, there was a small but growing field -- >> did you mean that consumers might mean from facebook to instagram? >> thanks, congressman. >> yes or no? >> in the space of mobile photos and camera apps, they were a competitor. >> fine. 2012, you told facebook's chief financial officer that you were interested in buying instagram. he asked if the purpose was to neutralize a content -- a potential competitor or acquire services? you said it was a combination of both. what we are really buying his time, even if more competitors spring up, they won't get much traction since we will have their mechanics floyd at scale -- deployed at scale. what did you mean when you said the purpose of the deal was to neutraliz

lot of money was mr which i now face that was quick to defend that size and that the acquisition of instagram and whatsapp by claiming china is also looking to dominate the social media world with a popular out tick tock but it was facebook's ownership of instagram which it previously acknowledged was a competitor that raised questions about whether it violated federal law this is october mergers and acquisitions that value of attention competitive threats violate the antitrust laws in your own words you purchased instagram to neutralize a competitive threat if this was an illegal merger at the time of the transaction why shouldn't instagram now be broken up into a separate company. well congressman i think the f.t.c. all of these documents and review this and unanimously voted at the time not to challenge the acquisition. for rituals is really interesting given the timing of all of this that we're in the middle of a pandemic why did they choose it to have these these hearings now well that's one of the things that was mentioned by the leaders of this committee they noted that during the lock

instagram is prepared to launch a new video feature to rival tick tock instagram reels will let people record and edit 15 2nd videos that are set to music and audio users can then upload the videos to their stories and instagrams explore feature instagram has not given an official launch date for this new feature but it is already testing the platform in india. the site is hoping to eventually expand to the united states and 50 other countries. can't wait for that who can't wait to see justine on instagram singing everyone well that wraps up kron 4 news at 6 i'm justine waldman don't forget to wash your hands and wear a mask and i'll see you back here tonight for kron 4 news, the 8, >>> wall of moms. >> moms are here. >> the human barricade in the battle for portland. >>> an in search of athena. here she is. the naked woman steps into the fray. >>> then, 13 nuns dead as covid- 19 sweeps through their convent. and, kanye in crisis. >> absolutely no clapping. >> his overnight tweet storm. his claim that his wife wants to have him committed. >>> then, the beautiful l.a. cop. she is an exp

in the meantime you can keep up to date on our web site that's com you can follow us on twitter and instagram d w news thanks for watching. how does a virus spread. why do we panic and when we'll. just through the topics covered in the weekly radio show is called spectrum if you would like to me the information on the cross or any other science topic you should really check out our podcast you can get it wherever you can get your podcast you can also find us at. science. what secrets lie behind. discover new adventures in 360 degree. and explore fascinating world heritage sites. d.w. world heritage 360 getting up now. hashtags online petitions and social media campaigns these days more and more protest takes place online especially on social media but can a simple click really make a difference i want topic today on shit. back in the day raising awareness on an issue and reaching society more broadly required making the headlines with the spectacular media stunts today thanks to the internet anyone can express their opinion and share it with the world just one single post can reach a massive

dot com make sure to also follow us on twitter and instagram. these days more and more protests takes place online especially on social media but can a simple click really make a difference i want topic today on show more and more protests takes place online especially on social media but can a simple click really make a difference i want topic today on shit. back in the day raising awareness on an issue and reaching society more broadly required making the headlines with spectacular media stunts today thanks to the internet anyone can express their opinion and share it with the world just one single post can reason massive audience mark respected our founder of the german web portal net's politic dog sees this as a huge opportunity or it's a tiger balm and i now adays you really only need 3 people at most to get a protest started on social media feeds it's millions of people hold up a banner one person and you're all set and done. is it really that simple finding the right moment to target the right social media platform with the right hashtag

the hour until then you can get the latest news dot com and don't forget to follow us on twitter and instagram at. a fairly for me the entire team here in berlin thanks for watching. are they friends say wanted to be with you thank you try to see your boy which it wasn't really a full time of the free new zealand or are the economy when you still see the p.c. you will go to. the girl with the news you see a little she's going to go get your mind or her roger donald trump plugging your were 2 part complementary analyzes the difficult relationship between russia and the us and between their presidents how does their rivalry and their dangers mutual admiration affect the rest of the. bullies trump and putin starts august 3rd on d w. house tax online petitions and social media campaigns these days more and more protest takes place online especially on social media but can a simple click really make a difference i want topic today on shit. back in the day raising awareness on an issue and reaching society more broadly required making the headlines with spectacular media stunts today thanks to the i

you acquired instagram in 2012. instagram is now the sixth largest social media platform in the world, is that right? >> congressman, i'm not sure what rank it is, but it's certainly growing beyond our wildest -- >> i can represent to you that the statistics demonstrate, empirical data shows it's the sixth largest. in 2014 facebook bought its competitor, what's app, is that correct? >> congressman, yes. what's app was also both a competitor and complimentary. they competed with us in the space of mobile messaging, which is a i growing and important space and is, again, one part of the global space of how people connect more broadly. >> understood. and at that time, what's app had over 400 million monthly users, a clear path for 1 billion, and now it's the second largest social media platform in the world with 2 billion users world wild, more than facebook messenger and, of course, your company owns what's app. facebook also tried to buy other competitive start-ups, in fact, as chairman nadler noted, you did tell one

a new feature soon coming to instagram. this is a lot to keep up with, mike. >> the copy culture out there. >> i'm going to have to start doing some web videos. >> so, we didn't find out what the teddy bears were about yet. >> not yet. >> we have to look into that. that was funny seeing that from sky7. there's got to be some story. let's talk about the weather story. thanks, kumasi. hi, everybody. welcome to tuesday. we'll start off by taking a look at temperatures on the peninsula. cloudy on both sides and more fog along the coast. temperatures in the mid to upper 50s and 60 right now in places like redwood city and menlo park and warm spot being san jose 61 and antioch 62. hayward and also oakland at 60 and right now san rafael 64 degrees. your commute a little breezy north of the bay bridge and little choppy there and more comfortable on mass transit today with temperatures mainly in the 60s and 70s around most neighborhood. here's a look at the north bay. 58 and clouds at 8:00 and barely sunshine at 10:00 and 63 and a m

instagram uses pretty much all the responsibility for safeguarding their privacy on take talk so it's definitely worth taking a look at the privacy settings specially for parents whose children use the platform not least because the s.p.d. says it musically was criticised for cyber grooming tick-tock says international user data is saved in the united states and backed up in singapore. the new york times tick-tock head. of china's president xi jinping personally asked him to delete the video or disclose user data his answer was i turned him down but recently the account of american for rosa was temporarily suspended a video 1st had gone viral on take part in which she cleverly come of last her criticism on the situation of the weakest a muslim minority in china in to make up to tauriel and that's not the only indication that chinese authorities have a say in what does and doesn't go on to talk. several recent press stories were all that take talks oppresses certain content including criticism of the chinese government. among those researching journalist her skirt and mark was quote fr

like me on facebook @instagram @loudobbstonight. i will interview the president next week. join us for that. and join us tomorrow. good night from sussex. elizabeth: more fireworks on capitol hill for the second straight day. this time republicans led by jim jordan, taking on powerful big, tech titans. jim jordan declaring it's a fact they are out to get conservatives. he brought dozens of examples of censorship of conservatives. before he could even get a word in president trump fired off a tweet warning that he will drop even more executive orders if congress does not bring fairness to social media and to big tech when it comes to conservatives. republican ken buck from house judiciary, he is with us tonight, how this will hithe

they have guns and bullets we have facebook to church instagram and our social media they cannot keep silent that's something that i never use. protesting on social media can also help people facing completely different struggles the campaign any action raises awareness to people with the chronic fatigue syndrome any who suffer from pains and sudden feelings of exhaustion and me is still quite unknown so patients are often wrongly diagnosed in some cases even as having a psychological condition bedridden patients are turning to social media to raise attention to their plight with the hashtags immediate action and not enough for me they're demanding more funding for research on the disease is. posting a video or photo of yourself holding a piece of paper with a message on it as plain as that may sound it can still make a difference even if that difference simply means raising awareness for a certain issue but can online protests also lead to real change or does the movement then need to shift into the real world with demonstrations for example what do you think what issues have you fou

i need to be on instagram with visual elements and on twitter with hash tags in short statements and with needs you ever wanted was a cool. dodge the tricky part is finding the best strategy for each platform to reach more people mobilize them and just get my message across. in 5 minute teams at once but here but even if you've got all the necessary ingredients for a successful online campaign that doesn't guarantee it will work on the campaigns also require an engaged audience there are different levels to this step one noticing or reading a post on social media that catches your eye step to liking then sharing the post with france which basically makes you part of the movement already the next steps are posting something about the issue itself starting a group of platform and finally taking to the streets on the issue successful campaigns often have into linking online and offline nativities that mesh together smoothly as the need to have movement showed it can also take some time to catch on a round the world how many times toronto and i'm the founder of the mitsu movement . we fo

facebook bought instagram, yes, but instagram sold at the time they thought facebook is paying a lot for a company with no revenue, and yahoo tried to buy facebook for a billion dollars and people thought mark zuckerberg was nuts for not taking that deal this happens and some entrepreneurs don't sell and they go on to be facebook. some sell and they end up being groupon. when you look at retrospect from a company that grew up to be kesk, of course it is easy someone sold on the other side that didn't have to. >> that is right, a great argument i think we will hear that for awhile particularly as it relates to instagram are they being being scrutinizey enough at the time they did not scrutinize heavy enough they didn't have a theory that they should buy other networks >> you can't buy instagram there is phone phofun photo sha, could a government really do that >> i think you could write a hul that businesses that operate on network effects cannot buy more of the operator network effects. i think that might be hard to manage, but but as that coale e coalesce, we're coming out to this w

follow mee on instagram @loudobbstonight. reminder i will be interviewing president donald trump next week. be sure to join me for that at this very time of day. up next, violent activists of antifa, and black lives matter, contip to ravage democrat cities. what happens if they and their violence prevail. robert woodson joins us next. what happened daddy? well, you see here... there's a photo of you and there's a photo of your mommy and then there's a picture of me. but before our story it goes way, way, way back with your great, great, great grandparents. see this handsome man, his name is william. william fell in love with rose and they had a kid. his name was charles and charles met martha... isn't she pretty? yeah. lou: we are back with cindy powell. thank you for staying with us through the commercial break and joining us now. we are talking, i should explain because bob woodson ahead of the whitson center, civil rights activist, former head of the criminal justice department of the urban league was about to join us by s

he did not deny that but he said it was a badcquisition that made instagram into the company it is. th regulatory powers at that time said it was not illegal. you saw the two kinds of approaches between the congresspeople and the tech tightens. -- titans. you saw one other thing, more questions about the misinformation and hat speech and how he deals with that. i think many congresspeople are worried about that but this is a hearing about competition and for them to move on it, they need to get the detail h abo these companies are harming consumers and rivals. if they don't focus on that, they might nth get the punch need. ros: can congress do anything arout the concerns which w hearing from the demrats or is this just about us hearing these utch leaders under pressure on these issues? reporter: yes, congress can do something, they can create new antitrus laws. thte lat development in this investigation they have been going through and the question is, do antitrust laws and anticompetition policies, are they good enough to deal with overreach by these giant draw up new laws?there ar

that instagram was going to succeed. the acquisition has done wildly well largely because not just because of the founders' talent, but because we invested heavily in building up the infrastructure and promoting it and working on security a working on a lot of things around this. and i think this is an an american success story. e na: sundar pichai has led alphabet and goonce 2015. every day, 90% of online searches happen on google. the company is valued at 1.5 billion. he pushed back on questions about google's search engine blocking competitors. >> we've always focused on providing users the most >> relevant information -- the most relevant information. we rely on the trust from users to come back to google every day. amna: for more than a year, the committee has investigated the companies, through more than a million documents and hundreds of hours of interviews. washington state congresswom pramila jayapal cited one of those interviews in a question to bezos. >> a former amazon employed in thrty sales and recruitment

stories on it with instagram, which copies snapchat. and reels on instagram is a copy of tiktok. the company is showing a lot of business acumen, especially for a company that is so focused on 21st century messaging. emily: debra aho williamson, thank you for sharing your insights with us and for joining us to weigh in. we have been continuing to listen in to the apple call. pretty significant developments. i spoke with tim cook on the phone before going into the show. he said they would be talking about their fall lineup on the call and whether covid is impacting that. he said apple will be launching its next iphone a few weeks later than usual. normally they are launched in late september, so that pushes us into october, potentially, for new iphones. also, he talked about the impact the pandemic is having on production. apple tv plus production has been shut down due to covid-19, and they have not yet restarted it, but hope to meaningfully restart production soon, and that has impacted the pipeline for content. we will continue to listen in and be back with more on amazon resul

so you acquired instagram in 2012. instagram is now the sixth largest social media platform in the world, is that right? >> congressman, i'm not sure what rank it is, but it's certainly growing beyond our wildest expectations. >> statistics show it's the sixth largest. in 2014, facebook brought whatsapp, is that correct? >> congressman, yes, whatsapp was a competitor and complementary. they competed with us in the space of mobile messaging, which is a growing and important space. it is, again, one part of the global space of how people connect. >> and at that time, it had 400 million monthly users. and whatsapp is now the second largest social media platform in the world with 2 million users worldwide, more than facebook messenger and your company owns whatsapp. facebook tried to buy other competitive startups. as chairman nadler noted, you did tell a senior engineer in 2012, that you can likely buy any competitive startup, but it will be a while before we can buy google. do you recall writing that email? >> i don't sp

follow mee on instagram @loudobbstonight. reminder i will be interviewing president donald trump next week. be sure to join me for that at this very time of day. up next, violent activists of antifa, and black lives matter, contip to ravage democrat cities. what happens if they and their violence prevail. robert woodson joins us next. hey, can i... hold on one second... sure. okay... okay! safe drivers save 40%!!! guys! guys! check it out. safe drivers save 40%!!! safe drivers save 40%! safe drivers save 40%!!! that's safe drivers save 40%. it is, that's safe drivers save 40%. - he's right there. - it's him! he's here. he's right here. - hi! - hi. hey! - that's totally him. - it's him! that's totally the guy. safe drivers do save 40%. click or call for a quote today. it's like walking into the chocolate factory and you won a golden ticket. all of these are face masks. this looks like a bottle of vodka. but when we first got these, we were like whoa! [laughing] my three-year-old, when we get a box delivered, screams "mommy's w

when it comes to instagram, twitter where desean jackson becomes ensnared, everybody ought to back off a little bit. if you don't know what you're talking about, you don't have to share your every random thought. stop. >> yeah. i said that in my open tonight. every thought you have you don't have to put on social media. joe banner says this, if a white player said anything about african-americans as outrageous as what desean jackson said about jews tonight, there would be a serious need about cutting him and a team meeting to discuss which would be totally appropriate. absolutely indefensible. do you think the nfl should have that conversation? >> yes, they should. he should step forward and apologize and it will be compared to riley cooper who also played for the eagles. he used the "n" word at a concert. it was overheard. i can't recall if it was caught on cell phone video or not but there's no dispute he used it. he apologized. this is sports. you know this. riley cooper was at an earlier stage in his career. sometimes they're not decided on morality. desean jackson is 33 years old,

follow mee on instagram @loudobbstonight. reminder i will be interviewing president donald trump next week. be sure to join me for that at this very time of day. up next, violent activists of antifa, and black lives matter, contip to ravage democrat cities. what happens if they and their violence prevail. robert woodson joins us next. after we take up these messages. please stay with us. lou: we are back with cindy powell. thank you for staying with us through the commercial break and joining us now. we are talking, i should explain because bob woodson ahead of the whitson center, civil rights activist, former head of the criminal justice department of the urban league was about to join us by skype and he has told our folks that he was kicked off of skype so we are trying to figure out what is going on there. apparently there is a lot of censorship of our guest on this broadcast. i don't understand what is going on. do you? >> no, other than we are saying things that people need to hear and other people don't want to heard. l

reels is currently being tested in india now reels allows users to create 15 2nd videos on their instagram stories and then via direct message or post them in the explorer section of the social media site now it's a grammarians also lets users enhanced their videos with music and audio clips making the feature sound more like a tick tock or a knock off of take back the nothing else now according to business insider some users in india have received an update for instagram giving them access to this new feature rails has already launched in france and germany and is reportedly being tested in brazil as well base book recently stopped working on its tic tac competitor lasso to focus on reels and that's it for today see you next time. you cannot be both with the yeah you like. some rumors isuzu. search is going to be name chris mihm founder you may be a member you. know him and those you just can stuff it up with a ticket in your hear that oh. and how to cut is a very international community. meeting yesterday the trick is you don't have to. listen to the kids who face the slow slow study say

reels is currently being tested in india now reels allows users to create 15 2nd videos on their instagram stories and then via direct message or post them in the explorer section of the social media site now it's a grammarians also lets users enhanced their videos with music and audio clips making the feature sound more like a tick tock or a knock off take back the may thing else now according to business insider some users in india have received an update for instagram giving them access to this new feature rails has already launched in france and germany and is reportedly being tested in brazil as well base book recently stopped working on its tic tac competitor lasso to focus on reels and that's it for today see you next time. i. really. like the. we go to work. straight home. banks geysers financial survival they say money to the relatives of clergy to jesus this is a central plank so for dying a gunman is going to call them right now say stop. time after time called parishioners repeat the same mantra sustainability and it's very important to excel or a transition to sustainable priz

so you acquired instagram in 2012. instagram is now the sixth largest social media platform in the world, is that right? >> congressman, i'm not sure what rank it is, but it's certainly growing beyond our wildest expectations. >> statistics show it's the sixth largest. in 2014, facebook brought whatsapp, is that correct? >> congressman, yes, whatsapp was a competitor and complementary. they competed with us in the space of mobile messaging, which is a growing and important space. it is, again, one part of the global space of how people connect. >> and at that time, it had 400 million monthly users. and whatsapp is now the second largest social media platform in the world with 2 million users worldwide, more than facebook messenger and your company owns whatsapp. facebook tried to buy other competitive startups. as chairman nadler noted, you did tell a senior engineer in 2012, that you can likely buy any competitive startup, but it will be a while before we can buy google. do you recall writing that email? >> i don't sp

reels is currently being tested in india now reels allows users to create 15 2nd videos on their instagram stories and then via direct message or post them in the explorer section of the social media site now it's a grammarians also lets users enhanced their videos with music and audio clips making the feature sound more like they were a knock off a kickback than a thing else now according to business insider some users in india have received an update for instagram giving them access to this new feature rails has already launched in france and germany and is reportedly being tested in brazil as well base book recently stopped working on its tic tac competitor lasso to focus on reels and that's it for today see you next time. when almost seems wrong. just. yet to. this day. and in detroit. themselves well it's a party. just to look for common ground. other central bankers warren buffett are effectively playing financial russian roulette right so they have gone and in there is one bullet every risk they spin the chamber they point at america's head and they pull the trigger hoping that they

reels is currently being tested in india now reels allows users to create 15 2nd videos on their instagram stories and then via direct message or post them in the explorer section of the social media site it's a grammarians also lets users enhanced their videos with music and audio clips making the feature sound more like a tick tock or a knock off a kick back than anything else now according to business insider some users in india have received an update for instagram giving them access to this new feature rails has already launched in france and germany and is reportedly being tested in brazil as well base book recently. stop working on its tick tock competitor left so to focus on reels and that's it for today see you next time. we go to work some straight home. is you'll media a reflection of reality. in a world transformed. what will make you feel safe from. tyson nation full community. are you going the right way or are you being led so. direct. what is true what is faith. in the world corrupted you need to descend. to join us in the depths. for a mate in the shallows. some rumors as

a separate stand alone instagram. imagine the value creation in something like that. i really don't think tech investors have been terribly concerned about a breakup. but even if a breakup were to happen, that's not a death sentence for any of these companies or their shareholders. in fact, it could be tremendously administrative. >> merthful is a good s.a.t. word sorry to be brief. finish lowered 2% after missing on arranges estimate one bright spot the music streaming platform saw monthly active users grow 29% cfo paul vogel joins us for an exclusive interview. paul, thanks for joining us on the back of those results. >> great thanks for having me. >> one thing that hit shares according to analysts, revenue was a bit light even though user numbers are strong what do you attribute that to? >> revenue in line with expectations rpo down in the quarter about 2%, hit about 7%, 1% hit from one-time item that impacts us in the quarter. revenue in line. generally we feel really good about the quarter as you mentioned. users up, subscribers 27%, above expectations at the hig