Meta’s Efforts To Find An Opaque AI Future Undo FTC’s Case Against It

By: bitcoin ethereum news|2025/05/07 07:00:07
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ANAHEIM, CALIFORNIA – FEBRUARY 17: Mark Zuckerberg is seen in attendance during the UFC 298 event at ... More Honda Center on February 17, 2024 in Anaheim, California. (Photo by Chris Unger/Zuffa LLC via Getty Images) “I missed out on Snapchat and TikTok, I won’t miss on this.” Those were the words of Mark Zuckerberg during one particularly fraught day among presumably many at Facebook, and presumably now Meta. They were reported in the Wall Street Journal. They reveal what everyone in Silicon Valley knows intimately, that the present is an awful predictor of the future. See Yahoo and AOL if you’re confused, or for that matter Friendster and MySpace. Today’s giants are invariably tomorrow’s afterthoughts absent an ability to not just pivot, but pivot the right way. The problem is that the right pivot requires seeing around the proverbial corner, which as the list of once prominent Silicon Valley businesses reveals, is very hard to do. It raises thoughts about Mark Zuckerberg the businessman, Zuckerberg the employer of tens of thousands, and Zuckerberg the competitor without which we’ve never heard of Zuckerberg the businessman or the employer. With the FTC’s antitrust suit against him well in mind, what is he supposed to do? He’s got a business to run, and he’s running it while well aware of business history. Assuming he’s not aware of business history, readers can rest assured that some on his board of directors and some among the truthtellers in and outside his employ are aware of business history. Which means there’s substantial awareness inside Meta that stasis is death. Put another way, success in the present is near meaningless as a predictor of the future. If anything, it’s the biggest threat, and it threatens precisely because success begets investment in individuals possessing Zuckerberg’s brains and energy, but who are more than eager to knock him off his perch. It’s useful to think about all this with the quote that opens this opinion piece in mind. It’s rejects the the popular view inside the FTC that Zuckerberg’s long been in hot pursuit of “monopoly.” What a simplistic notion. If anything, the quote reveals Zuckerberg as the opposite of a monopolist, but instead as someone who recognizes he and Meta are anything but a monopoly. The quote explains Zuckerberg as someone fully aware of how little the present predicts the future, but wanting to be relevant in the future, Zuckerberg has long been looking ahead in search of what will matter in the months and years ahead. If Zuckerberg were a monopolist, or much more pertinent to the FTC’s weak case, if Zuckerberg had monopoly powers, he would have stopped at Facebook. Really, why purchase minnows like Instagram and WhatsApp when you have the most prominent social media site in the world? The answer to the above question can yet again be found in the quote that begins this opinion piece, that it’s not enough to be good or great once. What sustains good and great is more of good and great, but that requires not merely meeting the needs of users, but much more often than not attempting to lead them with blinders on. In other words, Zuckerberg purchased Instagram and WhatsApp not because he was certain about the future or either’s role in the future, but because he wasn’t. As the opening quote in this write up once again reminds us, the future is the stuff of sleepless nights so opaque is it. Implied in it was that while Zuckerberg proved prescient, and more visionary than the competition with the Instagram and WhatsApp acquisitions, he had a few misses too. Those included SnapChat and TikTok. Which is just a reminder that every action of Mark Zuckerberg and Meta, including the name Meta, reveals the doings of a business that was never a monopoly, and that never saw itself as one. Source: https://www.forbes.com/sites/johntamny/2025/05/06/metas-efforts-to-discover-an-opaque-ai-future-undo-the-ftcs-own-case/

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On March 4, 2026, DDC Enterprise Limited (NYSE American: DDC) today announced preliminary, unaudited full-year financial performance for the year ended December 31, 2025. The company expects to achieve record revenue and record positive adjusted EBITDA, primarily driven by continued growth in its core consumer food business and overall margin improvement. The final audited financial report is expected to be released in mid-April 2026.


2025 Full-Year Financial Highlights


Revenue: Expected to be between $39 million and $41 million, reaching a new company high.


Organic Growth: Excluding the impact of the company's strategic contraction of its U.S. operations, core revenue is expected to grow 11% to 17% year over year.


Gross Profit Margin: Expected to be between 28% and 30%, reflecting continued operational efficiency improvements.


Adjusted EBITDA: The company expects to achieve a positive full-year result in 2025, a significant improvement from a $3.5 million loss in 2024, mainly due to rigorous cost controls and a higher-margin sales mix.


Core Consumer Food Business Performance


In 2025, DDC's core consumer food business maintained strong operational performance.


The company also disclosed Core Consumer Food Business Adjusted EBITDA, a metric that further excludes costs related to its Bitcoin reserve strategy and non-cash fair value adjustments related to its Bitcoin holdings from adjusted EBITDA to more accurately reflect the core business performance.


In 2025, Core Consumer Food Business Adjusted EBITDA is expected to be between $5.5 million and $6 million.


Bitcoin Reserve Update


In the first half of 2025, DDC initiated a long-term Bitcoin accumulation strategy, holding Bitcoin as its primary reserve asset.


As of December 31, 2025: The company holds 1,183 BTC.


As of February 28, 2026: Holdings increased to 2,118 BTC


Today's additional purchase of 65 BTC brings the company's total holdings to 2,183 BTC


DDC Founder, Chairman, and CEO Norma Chu stated, "We are proud to have closed 2025 with record revenue and positive adjusted EBITDA, demonstrating the steady growth of the company's consumer food business and the ongoing improvement in profitability. We are building a disciplined, growth-oriented food platform and strategically allocating capital to Bitcoin assets with a long-term view, aligning with our core beliefs. We believe that this dual-track model of 'Steady Consumer Business + Strategic Bitcoin Reserve' will help DDC create lasting long-term value for shareholders."


Adjusted EBITDA Definition
For the full year 2025, the company defines "Adjusted EBITDA" (a non-GAAP financial measure) as: Net income / (loss) excluding the following items:· Interest expense· Taxes· Foreign exchange gains/losses· Long-lived asset impairment· Depreciation and amortization· Non-cash fair value changes related to financial instruments (including Bitcoin holdings)· Stock-based compensation


About DDC Enterprise Limited


DDC Enterprise Limited (NYSE: DDC) is actively implementing its corporate Bitcoin Treasury strategy while continuing to strengthen its position as a leading global Asian food platform.


The company has established Bitcoin as a core reserve asset and is executing a prudent, long-oriented accumulation strategy. While expanding its portfolio of food brands, DDC is gradually becoming one of the public company pioneers in integrating Bitcoin into its corporate financial architecture.


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