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Asharq Al-Awsat
Asharq Al-Awsat
Technology
Asharq Al-Awsat

Meta Completes Virtual Reality Deal after US Court Win

Meta United States Virtual reality FTC Within Facebook Federal Trade Commission Within Unlimited
FILE - Facebook's Meta logo sign is seen at the company headquarters in Menlo Park, Calif. on Oct. 28, 2021. (AP Photo/Tony Avelar, File)

Facebook-owner Meta finalized its buyout of virtual reality firm Within Unlimited, the VR company's chief executive said, after a court rejected an attempt by US regulators to block the deal over competition concerns.

A spokesperson for the Federal Trade Commission told AFP on Thursday that it would not appeal the February 1 decision.

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