U.S. FTC asks judge to pause Meta deal for VR company Within


FILE PHOTO: A security guard stands watch by the Meta sign outside the headquarters of Facebook parent company Meta Platforms Inc in Mountain View, California, U.S. November 9, 2022. REUTERS/Peter DaSilva/File Photo

WASHINGTON (Reuters) -The U.S. Federal Trade Commission on Tuesday asked a judge to put a hold on Meta Platforms Inc's deal to buy virtual reality app maker Within Unlimited while the two sides await a decision from the court.

The FTC sued the Facebook and Instagram owner in July to stop the Within deal and asked the judge to order a preliminary injunction, saying Meta's "campaign to conquer VR" began in 2014 when it acquired Oculus, a VR headset manufacturer. There was a trial on the case in December.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Nvidia CEO Huang denies he is unhappy with OpenAI, says 'huge' investment planned
Is social media harmful for kids? Meta and YouTube face US trial after TikTok settles suit
It’s not a product. This habit will be the biggest luxury of 2026
Apple spent years downplaying AI chatbots. Now Siri Is becoming one
US judge signals Musk's xAI may lose lawsuit accusing Altman's OpenAI of stealing trade secrets
Apple stole our revolutionary camera technology, British company claims in US district court lawsuit
Exclusive-Saks ending e-commerce partnership with Amazon, source says
Nvidia's plan to invest up to $100 billion in OpenAI has stalled, WSJ reports
Musk's Starlink updates privacy policy to allow consumer data to train AI
Google defeats bid for billions of dollars of new penalties in US privacy class action

Others Also Read