FTC drops Zuckerberg from lawsuit over virtual-reality company purchase ...Middle East

The Federal Trade Commission (FTC) entered an agreement with Meta CEO Mark Zuckerberg on Tuesday to drop him from an ongoing antitrust lawsuit attempting to block the company’s purchase of a virtual-reality company. A joint court filing stipulates that Zuckerberg will not purchase the company, Within Unlimited, as an individual or through any entity controlled by Zuckerberg in exchange for being removed as a defendant in the suit. The lawsuit, filed by the FTC late last month, accuses Meta of a yearslong “campaign to conquer VR” that began as early as March 2014, when then-Facebook acquired headset-maker Oculus VR. Facebook, which also owns Instagram and WhatsApp, rebranded itsel

Hence then, the article about ftc drops zuckerberg from lawsuit over virtual reality company purchase was published today ( Wednesday 24/08/2022 - 04:32 PM ) and is available on The Hill ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( FTC drops Zuckerberg from lawsuit over virtual-reality company purchase )

Also on site :

• Judge rejects DoorDash, Uber request to block New York City tipping option laws
• 46 US Congress Members Express “Serious Concerns” to FTC Over EA Buyout from Saudi Arabia PIF, Urge for a “Thorough” Review
• Somehow, Beyond Good & Evil 2 Survived Ubisoft’s “Major Reset,” Claims it Remains a “Unique Proposition” Among Fantasy Genre