Meta acquisition of Within Unlimited virtual reality company closes

Virtual reality - Acquisition - Business

The Facebook parent company was able to win an antitrust lawsuit filed against it by the FTC. When Meta recently won an antitrust lawsuit filed against it by the Federal Trade Commission (FTC), the judge required the company to wait a week before closing its acquisition deal of virtual reality company Within Unlimited. The FTC’s lawsuit sought to stop Meta from being able to purchase Within Unlimited. Meta’s efforts to purchase the virtual reality company best known for its Supernatural fitness application were delayed by over a year as it…

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FTC moves to stop Meta from acquiring virtual reality company

Virtual reality company - Meta - Stop Sign

The US regulator is also acting to stop Facebook’s parent company from buying a fitness app. The Federal Tarde Commission has filed a complaint in a San Francisco federal court against Meta and its CEO Mark Zuckerberg, seeking a temporary restraining order and preliminary injunction against the acquisition of a fitness app and a virtual reality company. The acquisitions in question are for the Supernatural app and the Within Unlimited VR firm. According to the FTC’s filing, allowing Meta and Zuckerberg to complete the acquisition of the fitness app and…

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Disney mobile game lawsuit filed over data collection from children

mickey disney mobile game

The entertainment giant has been accused of violating privacy laws about how personal data can be collected from minors. A federal court is asking some heavy questions about Disney mobile game practices involving personal data collection from children. As a result of these alleged activities, Disney has been sued. The class action lawsuit accuses Disney of having included inappropriate ad-tracking software in its mobile games. The Disney mobile game security lawsuit alleges that the company’s ad-tracking software illegally monitors its users and shares children’s personal identifying information with third parties.…

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Mobile commerce apps may place personal data at risk, FTC

mobile commerce shopping

Consumers have already expressed that they are leery about smartphone based shopping, and this may not be paranoia. While some consumers have already started shopping over mobile commerce and many retailers and restaurants have been jumping on the bandwagon to provide apps to make that process easier than using the mobile web, recent research is starting to show that this may not be as safe as some think in terms of keeping sensitive data protected. Even Americans who are using these shopping apps for price checks are placing their personal…

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The FTC makes technology news with a lawsuit against AT&T

AT&T mobile security technology news

Federal officials have revealed that they are suing the cellular giant for the deception of millions of customers. Last week, the Federal Trade Commission (FTC) made technology news when they filed a lawsuit against the second largest American cellular carrier, AT&T, for the alleged deception of millions of their customers through the sale of what was labeled as “unlimited” data plans that were later restricted through the reduction of internet speeds. When consumers had reached a certain amount of data usage, their internet speeds were “throttled” by slowing down. According…

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