Meta Faces FTC Buyout Block, First-Ever Sales Fall
XR Today - Virtual Reality
JULY 28, 2022
The news comes after the FTC launched an anticompetitive case in January against the metaverse tech giant, along with representatives from North Carolina, New York, and Tennessee. The claim cited complaints from numerous XR software developers that Meta’s software updates blocked third-party coders from optimising apps on Quest devices.
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