Image: Supernatural / Within
Federal Trade Commission head Lina Khan overruled staff advice to intervene in a Meta virtual reality studio acquisition, Bloomberg reports. Sources reportedly told Bloomberg that staff had been “recommending against” suing to block Meta’s acquisition of Within, which makes the popular VR fitness app Supernatural. The FTC voted 3 to 2 in favor of the suit earlier this week, splitting respectively along Democratic and Republican party lines.
Bloomberg’s article doesn’t detail the substance of the disagreement over Meta’s Supernatural acquisition, although it does note that “each of the commissioners had the opportunity to test out Meta’s Oculus product, Within’s Supernatural, and Meta’s Beat Saber.” But the report would emphasize that...
Continue reading…
Continue reading from Source - The Verge...