The FTC sued the Facebook and Instagram owner in July to stop the deal.
Meta Platforms boss Mark Zuckerberg said the company is focused on building communications apps and developer platforms, speaking on Tuesday at a high-profile trial over the future of its budding metaverse business.
Wearing a blue suit, a white mask, and glasses, Zuckerberg appeared in federal court in San Jose, Calif., to defendIn the first few minutes, he was questioned by Federal Trade Commission officials, who asked him about an email he wrote in 2015 where he said he expected Meta to build “most of the apps and software services” for the virtual reality industry.
The FTC sued the Facebook and Instagram owner in July to stop the deal, saying its “campaign to conquer VR” began in 2014 when itIn the first few minutes, Zuckerberg was questioned by Federal Trade Commission officials.Within developed Supernatural, which it advertises as a “complete fitness service” with “beautiful destinations” and “workouts choreographed to the best music available.”
Meta is battling a multipronged, global battle against regulators over its dominance in various markets. The European Commission on Monday said it warned Meta that it is breaching EU antitrust laws by distorting competition in online classified advertising and abusing its dominant position.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Zuckerberg, in FTC trial, says Meta focused on building comms appsMeta Platforms boss Mark Zuckerberg said the company is focused on building communications apps and developer platforms, speaking on Tuesday at a high-profile trial over the future of its budding metaverse business.
Read more »
FTC Urged to Take a Close Look as Musk's Twitter Bans Links to Competitors\u0022Not sure he can get away with this in the U.S. under the current FTC,\u0022 noted one journalist, \u0022but I suspect this is wildly illegal in the E.U.\u0022
Read more »
Epic Games, Maker of ‘Fortnite,’ to Pay $520 Million to Resolve FTC AllegationsBreaking: Epic Games will pay $520 million to resolve Federal Trade Commission allegations that its game “Fortnite” invaded children’s privacy and tricked players into making purchases
Read more »
FTC fines Epic Games $520 million for alleged violations of Children's Online Privacy Protection ActThe Federal Trade Commission on Monday said it secured agreements requiring Epic Games Inc., creator of the video game Fortnite, to pay $520 million in...
Read more »
‘Fortnite’ maker Epic to pay $520 million to settle FTC allegationsEpic Games, the maker of the popular game Fortnite, has agreed to pay $520 million to settle Federal Trade Commission allegations that company violated online child privacy laws and tricked players to making unintentional purchases.
Read more »
Epic Games agrees to pay $520 million over FTC investigation into Fortnite privacy violationsEpic Games, the creator of Fortnite, agreed to pay about $520 million over allegations that it violated children's privacy, the Federal Trade Commission said on Monday.
Read more »