FTC Sues Meta To Stop VR Developer Acquisition

Monopoly laws still exist, apparently!

In an era full of giant tech companies devouring smaller tech companies, the Federal Trade Commission is actually trying to stop one such acquisition.

The FTC filed a lawsuit on Wednesday to block Meta from acquiring the VR developer Within, per The Verge. Within is perhaps best known …

from Mashable India tech https://ift.tt/TOjzkna

Comments

Post a Comment

Popular posts from this blog

How To Preorder The XREAL Air 2 And XREAL Air 2 Pro AR Glasses

Image
To you, it's a ceiling. To someone with XREAL AR glasses, it's a screen for playing "Super Mario Odyssey" or watching Netflix. PRE-ORDER NOW: XREAL announced its new Air 2 and Air 2 Pro glasses on October 24. You can pre-order them now for $399 and $449, respectively. XREAL Air 2 and Air 2 Pro glasses It's been a promising year for high-tech glasses. With … from Mashable India tech https://ift.tt/RPXesNl
Read more

Largest NFT Marketplace Admits The Fix Was In, Surprising No One

Image
An OpenSea employee used insider knowledge to buy tokens before they appeared on the front page. When it comes to ripping off investors, decentralized technology still hasn't managed to disrupt the tried and true methods pioneered on Wall Street. OpenSea, the self-described " largest " non-fungible token marketplace, admitted Wednesday that an employee had been secretly buying NFTs in advance … from Mashable India tech https://ift.tt/3Abnpo5
Read more