Dive into the tech & future
The Federal Trade Commission voted to withdraw an antitrust complaint challenging Meta Platforms’s purchase of virtual-reality startup Within Unlimited, officially closing the agency’s case. The FTC sued to block the deal last year, filing twin complaints in federal court and its in-house court. Following a December trial in a San Jose federal court, US District … Read more
Tencent Holdings is in talks with Meta Platforms to distribute its Meta Quest line of virtual reality headsets in China, three people familiar with the matter said. The talks between Tencent and Meta started last year and have continued in recent months, according to one of the sources who has direct knowledge of the matter, adding … Read more
The US Federal Trade Commission (FTC) said it will not appeal its loss in federal court in its fight to stop Meta Platforms from buying VR content maker Within Unlimited, but could still pursue the case with an internal FTC administrative law judge. Judge Edward Davila of the US District Court for the Northern District … Read more
A judge on Friday released a ruling denying the Federal Trade Commission’s request to stop Meta Platforms from buying virtual reality content maker Within Unlimited, rejecting the regulator’s concerns the deal would reduce competition in a new market. A December trial to decide if Meta could go forward with the relatively small deal was seen … Read more
Apple reportedly plans to launch a new high-performance mixed-reality headset in 2023. It is expected to come with its own operating system, dedicated chips, and App Store. The Cupertino company had initially aimed at bringing the mixed-reality headset to market in 2019. As per a new report, Apple is now likely to unveil its new … Read more
Apple has remained relatively quiet on its mixed reality headset, which is tipped to be launched this year, but there have been enough patents filed and leaks to confirm that the iPhone maker has conducted extensive research into the first of many Augmented Reality (AR) wearables. The headset was already expected to be extremely light, … Read more