Source: news.google.com
A federal judge in the United States has reportedly approved tech giant Meta moving forward with the acquisition of a virtual reality company.
According to a February 1 Bloomberg report, Judge Edward Davila in the US District Court for the Northern District of California denied an injunction from the Federal Trade Commission, or FTC, as part of an effort to prevent Meta from buying the virtual reality company Within. However, he also reportedly issued a temporary restraining order preventing Meta from closing the deal for at least a week.
The ruling was part of a lawsuit filed by the FTC against Meta and CEO Mark Zuckerberg in July in an attempt to prevent the tech company from “its ultimate goal of owning the entire ‘metaverse’.” Meta had planned to buy Within and his fitness. supernatural app…
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