Thursday, December 12, 2024

Tag: Zuckerberg Claims He Doesn’t Want to ‘Own’ User Experiences

Zuckerberg Claims He Doesn’t Want to ‘Own’ User Experiences, Denies That Meta is Creating VR Monopoly

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    from 21st Century Wire:

    The battle for domination in the New Matrix of virtual reality – is now well and truly on. At the center of this clash of titans is Facebook mogul Mark Zuckerberg, who is being accused of trying to leverage a monopoly over the new virtual digital world.

    Earlier this month, the Biden Administration accused Meta Platforms Inc (META.O) of trying to buy -up the entire metaverse, and in the process, kicking off a massive antitrust trial which could draw the borders of this new and lucrative digital real estate. This led to Washington’s FTC suing in July to stop Meta from swallowing up virtual reality app developer Within Inc. This is just one of numerous mergers and acquisitions on the planning board for the rapidly growing Zuckerberg VR empire.