HomeInvestmentLina Khan’s Merger Metaverse - WSJ

Lina Khan’s Merger Metaverse – WSJ


Give Federal Trade Commission Chair Lina Khan props for legal invention. Her agency’s lawsuit to block Facebook-parent Meta from acquiring Within Unlimited, the virtual-reality app developer, creates an antitrust metaverse worthy of Doctor Strange.

CEO Mark Zuckerberg has sought to expand in the burgeoning virtual reality (VR) market as Facebook’s user growth has slowed. The company now boasts the best-selling VR headset and some of the most popular apps, many of which it has acquired. While most VR users are video-gamers, Meta wants to broaden the market with fitness workouts.



Source link

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Recent Comments