Meta Executive Leaves After 12 Years

Meta executive who oversaw the acquisitions of Instagram, WhatsApp and Oculus is leaving the social media giant.

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Amin Zoufonoun, the company’s vice president of corporate development, will be taking a break after almost 12 years.

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In a Facebook post, Amin said that strategic technology deal work is pretty intense.

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Acquiring Instagram and WhatsApp helped Meta reach its current dominance in social media.

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The social media giant has had a fair bit of controversy to its name in the last few years.

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Meta witnessed regulatory scrutiny from different countries when it announced its digital currency project, which was later scrapped.

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Regulatory pressure is making it difficult for Meta to pursue those kinds of deals.

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