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The Latest Breaking News from Within

Marble fireplaces carved with Rudyard Kipling’s stories to carpets with line drawings of Mahabalipuram’s shore temple — India Design ID 2024 was all about a new craft idiom

The Hindu

Silicon Valley doesn’t care about Big Tech’s AI conflicts of interest

Generative AI technology is blurring the lines between businesses and bringing fresh scrutiny to the boardroom roles of heavy-hitters like Reid Hoffman and Marc Andreessen.

Fortune

Lawmakers Use Kid Safety as Excuse To Violate Adults' Rights

Plus: New York "hate speech" law is likely unconstitutional, FTC Commissioner quits because of chair Lina Khan's antics, and more...

Reason

From analysis to the latest developments in health,
read the most diverse news in one place.

Meta Completes Virtual Reality Deal after US Court Win

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…

Asharq Al-Awsat

Meta completes virtual reality deal after US court win

Washington (AFP) - 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.

AFP

More Cracks in the FTC's Aggressive Antitrust Plans, as Court Refuses To Ban Meta From Buying V.R. Fitness App

Plus: Trump teases new avenues of authoritarianism, interest rates raised again, and more...

Reason

Meta's good day

Wall Street liked what it heard in the Facebook parent's latest earnings, and the company also won a round with the FTC.

Axios

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Zuckerberg testifies that Meta's lack of VR fitness app doesn’t keep him up at night

Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg says the fact his company doesn’t have a virtual reality fitness app up doesn’t keep him up at night, but acquiring it would boost competition and improve such applications.

Tribune News Service

Why Does Funding Government Take $1.7 Trillion and 4,000 Pages?

Plus: Title 42 order termination is on hold, the FTC vs. Meta, and more...

Reason

FTC didn't stop Facebook-Instagram. How about Meta-Within?

Facebook parent Meta is sparring with the FTC over its pending acquisition of a virtual reality fitness company Within Unlimited in federal court in San Jose, California, where CEO Mark Zuckerberg is expected to testify as a witness

The Independent UK

FTC challenges Meta acquisition of VR company in court

Federal regulators open their campaign to block Facebook parent Meta’s acquisition of virtual-reality company Within Unlimited and its fitness app Supernatural, with opening arguments beginning Thursday in San Jose, California

The Independent UK

Meta calls FTC suit to block VR fitness deal ‘ill-conceived’

Meta Platforms Inc. urged a judge to reject the U.S. Federal Trade Commission attempt to block the company’s acquisition of virtual reality app Within Unlimited, saying the agency’s claims about competition in the area are based on “pure speculation.”

Tribune News Service

Meta hits back in fight with FTC over VR company acquisition

Facebook parent Meta struck back in its legal battle with federal regulators over its proposed acquisition of virtual-reality company Within Unlimited and its fitness app Supernatural

The Independent UK

Meta: We’re not-so-big tech now

The company's big stock drop and competition from TikTok gives it new defenses against the charge of monopoly.

Axios

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news in one place.

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Tribune News Service

Meta learned via a tweet of FTC’s surprise suit to block vr deal

Meta Platforms Inc. learned that the US Federal Trade Commission was suing the company over one of its smaller acquisitions via a Twitter post.

Tribune News Service

FTC’s Khan overruled staff to sue Meta over VR app deal

Federal Trade Commission Chair Lina Khan led her fellow Democrats in the agency’s majority vote to sue Meta Platforms Inc. this week, despite the staff recommending against bringing a case to challenge the company’s acquisition of Within Unlimited Inc., according to three people with knowledge of the decision.

Reason

Meta Can't Buy V.R. Fitness Company, Must Make Its Own Competing App, Says FTC

Plus: A rebranded "Build Back Better," the two-party system creates "a disconnect between elites and non-elites," and more...

Benzinga

Benzinga Before The Bell: Apple's Latest Move For Self-Driving Car Project, Monkeypox Is A National Emergency, Spirit-Jet Blue Merger And Other Top Financial Stories Thursday, July 28

Reuters

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news in one place.

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AFP

Facebook's Meta reports first ever revenue drop

San Francisco (AFP) - Facebook-parent Meta on Wednesday reported that its quarterly revenue dropped year-over-year for the first time ever, as its profit plunged by more than a third.

Input

FTC takes first major step in blocking Meta's monopoly on the metaverse

The FTC filed a complaint to block Meta's acquisition of Within, the developer of VR fitness app, Supernatural.

The Independent UK

FTC acts to block Meta from buying VR company, fitness app

Federal regulators have taken legal action to block Facebook parent Meta and its CEO Mark Zuckerberg from acquiring virtual reality company Within Unlimited and its fitness app Supernatural

AFP

US regulators move to block Meta virtual reality app deal

San Francisco (AFP) - US market regulators on Wednesday went to court in an effort to stop Facebook-owner Meta from buying virtual reality fitness app maker Within, a potential blow to the tech giant's metaverse ambitions.

People

From analysis to the latest developments in health,
read the most diverse news in one place.

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