Tag: VR
Meta Completes VR Acquisition After Winning Antitrust Case
Meta Platforms on Wednesday completed its acquisition of virtual reality startup Within Unlimited Inc. after winning a high-profile antitrust lawsuit focused on the deal.
The acquisition reportedly valued Within...
FTC Will Not Appeal Meta VR Acquisition Ruling
The Federal Trade Commission will not appeal the court ruling rejecting its attempt to block the acquisition of VR fitness company Within by Facebook and parent company Meta. The...
Meta Wins Ruling Against FTC In VR Purchase Case
A California judge is reportedly allowing Meta to close its acquisition of virtual reality fitness startup Within, despite an ongoing antitrust case by the...
Meta Goes To Trial to Defend VR Deal From FTC Probe
Meta faces a major test to its metaverse strategy starting Thursday in California federal court as US antitrust enforcers seek to block the social...
FTC Cuts Down Complaint Meta-VR Antitrust Suit
Antitrust enforcers who had asked a federal judge to stop Facebook parent Meta from buying virtual reality content maker Within filed a shorter version...
Meta Pauses Acquisition Of VR Firm Over FTC Suit
With a lawsuit from the Federal Trade Commission (FTC) hanging over its head, Facebook’s parent company Meta is pausing its planned acquisition of the...
EU’s Vestager Sees New Set Of Complications Over Metaverse
The EU’s digital chief Margrethe Vestager wants the future operation of the so-called metaverse to face more scrutiny, saying that plans to create an...
Facebook’s New Name Is Meta & They Will Refocus On VR
Facebook is now called Meta, the company announced on Thursday, October 28, in a rebrand that focuses on investing in the "metaverse," a shared virtual...