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https://www.wsj.com/articles/meta-ceo-mark-zuckerberg-testifies-in-ftc-case-to-block-virtual-reality-deal-11671556323
Federal Trade Commission seeks to forestall social-media institution from acquiring Within Unlimited
Updated Dec. 20, 2022 12:12 p.m. ET
Facebook genitor Meta Platforms Inc. CEO Mark Zuckerberg took the witnesser basal Tuesday successful a lawsuit successful which the Federal Trade Commission is seeking to forestall the social-media company from acquiring a virtual-reality startup.
The FTC is seeking an injunction blocking Meta’s planned acquisition of Within Unlimited Inc., the institution down the fashionable virtual-reality fittingness crippled “Supernatural.” The ineligible determination poses a nonstop situation to Meta’s strategical absorption connected the metaverse, a word utilized to picture a level wherever galore online users enactment and play successful virtual worlds.