Mark Zuckerberg floated the possibility of spinning off Instagram from his social media empire amid rising regulatory scrutiny of the technology sector and an increasing concern that the photo sharing app was “cannibalizing” the success of Facebook.

The Meta chief executive, testifying in a landmark antitrust trial, denied he was trying to snuff out competitors.

By Jody Godoy WASHINGTON (Reuters) -Facebook parent Meta Platforms bought up nascent rivals Instagram and WhatsApp after its attempts to compete had failed, an attorney for the U.S. Federal Trade Commission said at the beginning of a high-stakes trial in Washington on Monday,