Federal Trade Commission head Lina Khan overruled staff advice to intervene in a Meta virtual reality studio acquisition, Bloomberg reports. Sources reportedly told Bloomberg that staff had been “recommending against” suing to block Meta’s acquisition of Within, which makes the popular VR fitness app Supernatural.The FTC voted 3 to 2 in favor of the suit earlier this week, splitting respectively along Democratic and Republican party lines.
Bloomberg’s article doesn’t detail the substance of the disagreement over Meta’s Supernatural acquisition, although it does note that “each of the commissioners had the opportunity to test out Meta’s Oculus product, Within’s Supernatural, and Meta’s Beat Saber.” But the report would emphasize that...
Keep it Clean. Please avoid obscene, vulgar, lewd,
racist or sexually-oriented language. PLEASE TURN OFF YOUR CAPS LOCK. Don't Threaten. Threats of harming another
person will not be tolerated. Be Truthful. Don't knowingly lie about anyone
or anything. Be Nice. No racism, sexism or any sort of -ism
that is degrading to another person. Be Proactive. Use the 'Report' link on
each comment to let us know of abusive posts. Share with Us. We'd love to hear eyewitness
accounts, the history behind an article.
(0) comments
Welcome to the discussion.
Log In
Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.