Kyle Hagee
๐ค SpeakerAppearances Over Time
Podcast Appearances
Good morning, Brew Daily Show. I'm Kyle Heggie. And I'm Anne Barry. Today, Meta is heading to an antitrust trial. What that means for their ownership of Instagram and WhatsApp.
Let's ride. So it is Friday, and we actually are making Morning Brew Daily history because there's no Neil. There's no Toby. They're slacking off. They're out somewhere having fun. It's me and Ann Barry locked in the studio. And Ann, the audience might know me a little bit, but they may not know you for Morning Brew Daily show. So tell us a little bit about yourself.
Let's ride. So it is Friday, and we actually are making Morning Brew Daily history because there's no Neil. There's no Toby. They're slacking off. They're out somewhere having fun. It's me and Ann Barry locked in the studio. And Ann, the audience might know me a little bit, but they may not know you for Morning Brew Daily show. So tell us a little bit about yourself.
Let's ride. So it is Friday, and we actually are making Morning Brew Daily history because there's no Neil. There's no Toby. They're slacking off. They're out somewhere having fun. It's me and Ann Barry locked in the studio. And Ann, the audience might know me a little bit, but they may not know you for Morning Brew Daily show. So tell us a little bit about yourself.
I love it. Well, Anne is probably the smartest person at Morning Brew. So this is going to be a really fun conversation. We actually are talking a lot about earnings today. So you're going to be right in your sweet spot. And I have to compete with this accent. So I'm a little nervous, but let's get into it.
I love it. Well, Anne is probably the smartest person at Morning Brew. So this is going to be a really fun conversation. We actually are talking a lot about earnings today. So you're going to be right in your sweet spot. And I have to compete with this accent. So I'm a little nervous, but let's get into it.
I love it. Well, Anne is probably the smartest person at Morning Brew. So this is going to be a really fun conversation. We actually are talking a lot about earnings today. So you're going to be right in your sweet spot. And I have to compete with this accent. So I'm a little nervous, but let's get into it.
And part of the reason why CFOs call themselves that is the financial health of a business is like a jigsaw puzzle. Bill pay is over here, closing a quarter is over there. It's hard to see the big picture.
And part of the reason why CFOs call themselves that is the financial health of a business is like a jigsaw puzzle. Bill pay is over here, closing a quarter is over there. It's hard to see the big picture.
And part of the reason why CFOs call themselves that is the financial health of a business is like a jigsaw puzzle. Bill pay is over here, closing a quarter is over there. It's hard to see the big picture.
So if you want to do a little less searching on the ground for pieces and a little less guessing where those pieces go, check out Sage.
So if you want to do a little less searching on the ground for pieces and a little less guessing where those pieces go, check out Sage.
So if you want to do a little less searching on the ground for pieces and a little less guessing where those pieces go, check out Sage.
We are about to find out who is stronger, the U.S. Federal Trade Commission or Mark Zuckerberg in his wife guy era. Now, why is that? It's because Meta must face trial over claims it overpaid in its purchase of Instagram and WhatsApp to crush emerging competitors. This strategy is often called buy or bury, no relation to the co-host and Barry, where a company basically says,
We are about to find out who is stronger, the U.S. Federal Trade Commission or Mark Zuckerberg in his wife guy era. Now, why is that? It's because Meta must face trial over claims it overpaid in its purchase of Instagram and WhatsApp to crush emerging competitors. This strategy is often called buy or bury, no relation to the co-host and Barry, where a company basically says,
We are about to find out who is stronger, the U.S. Federal Trade Commission or Mark Zuckerberg in his wife guy era. Now, why is that? It's because Meta must face trial over claims it overpaid in its purchase of Instagram and WhatsApp to crush emerging competitors. This strategy is often called buy or bury, no relation to the co-host and Barry, where a company basically says,
Now, for reference, Meta bought Instagram in 2012 for a cool $1 billion, and they bought WhatsApp in 2014 for 19 times that, for $19 billion. Now, the history of the case, the FTC and 48 states' attorneys general's. sued Meta in 2020 during the first Trump administration.
Now, for reference, Meta bought Instagram in 2012 for a cool $1 billion, and they bought WhatsApp in 2014 for 19 times that, for $19 billion. Now, the history of the case, the FTC and 48 states' attorneys general's. sued Meta in 2020 during the first Trump administration.
Now, for reference, Meta bought Instagram in 2012 for a cool $1 billion, and they bought WhatsApp in 2014 for 19 times that, for $19 billion. Now, the history of the case, the FTC and 48 states' attorneys general's. sued Meta in 2020 during the first Trump administration.
And the lawsuit was then refined under the Biden admin, which kind of highlights this seemingly bipartisan effort to curtail Meta's influence and more broadly, Big Tech's perceived monopolistic power. Meta had urged the judge to dismiss this entire case, saying it depended on an overly narrow view of social media markets.