INSIDE MARK ZUCKERBERG'S FAILED NEGOTIATIONS TO END ANTITRUST CASE

Summary from the TLDR newsletter

The FTC had wanted $30 billion to drop its antitrust case against Meta, but Mark Zuckerberg decided to offer $450 million instead. Zuckerberg was confident that President Trump would back him up with the FTC as he had been developing closer ties to Trump. The FTC said the offer was not credible and that it wasn't ready to settle for anything less than $18 billion and a consent decree. Meta upped its offer to close to $1 billion as the trial approached, but it wasn't enough.