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Meta takes on the US antitrust agency over the future of virtual reality

Meta takes on the US antitrust agency over the future of virtual reality

SAN JOSE, Calif./WASHINGTON, Dec 8 (Reuters) – The Biden administration on Thursday accused Meta Platforms Inc (META.O) of trying to buy its way to dominance in the metaverse, launching a high-profile lawsuit to try to stop parent Facebook from buying virtual reality app developer Within Inc. The FTC filed a lawsuit in July to end …

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Wall Street slips as concerns grow over tougher COVID restrictions in China

Wall Street slips as concerns grow over tougher COVID restrictions in China

Dow down 0.13%, S&P 500 down 0.39%, Nasdaq down 1.09% Disney jumps on Iger’s return as CEO Grindr falls after exploding in its early days Tesla down on vehicle recall, China COVID concerns Nov 21 (Reuters) – Wall Street’s main indexes ended roughly lower on Monday on fears that China could resume tougher measures to …

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