META'S VICTORY OPENS THE WAY FOR SILICON VALLEY TO GO DEAL SHOPPING

Summary from the TLDR newsletter

A federal judge ruled yesterday that Meta had not illegally stifled competition when it bought Instagram and WhatsApp more than a decade ago. Meta may soon be able to resume buying young startups to stay ahead of the pack. The ruling will eliminate a lot of the strange deal structures that the major acquirers have been using and open up the door for more deals.