Meta vs US FTC: Regulator Will Not Appeal in Fight to Block Takeover of VR Content Maker Within

The US Federal Trade Commission (FTC) said it will not appeal its loss in federal court in its fight to stop Meta Platforms from buying VR content maker Within Unlimited, but could still pursue the case with an internal FTC administrative law judge. Judge Edward Davila of the US District Court for the Northern District … Read more

Facebook Parent Meta Can Be Sued for Inhumane Working Conditions, Rules Kenyan Court

A Kenyan court on Monday rejected a bid by Facebook’s parent company Meta to stop a case accusing it of exploitation and poor working conditions. The suit was filed by a former content moderator at Sama, a company contracted by Meta to review Facebook posts, and alleges that workers in Kenya were subjected to inhumane … Read more

Meta Gets Nod to Buy VR Content Maker Within Unlimited as FTC’s Request Gets Denied

A judge on Friday released a ruling denying the Federal Trade Commission’s request to stop Meta Platforms from buying virtual reality content maker Within Unlimited, rejecting the regulator’s concerns the deal would reduce competition in a new market. A December trial to decide if Meta could go forward with the relatively small deal was seen … Read more

India Among Top 3 Nations Contributing Active Users Growth for Facebook: Meta

India is among the top three nations contributing active users growth for Facebook as of December 31, 2022, social media major Meta said in a regulatory filing. The company has reported a 4 percent increase in worldwide daily active users (DAUs) to 2 billion on average during December 2022 from 1.93 billion during December 2021. … Read more