Istanbul has become a city to watch when it comes to casual gaming startups, boosted by the likes of Peak (acquired by Zynga for $1.8 billion) and Dream (valued at $1 billion in a funding round last year). Now, a new startup is announcing a major round of funding to make its own mark on […]
フェイスブックを“解体”する流れは加速する？ 反トラスト法訴訟で下された「画期的な判断」の意味
フェイスブック（現社名はメタ・プラットフォームズ）に対する米連邦取引委員会（FTC）による反トラスト法（独占禁止法）に基づく告訴について、米連邦巡回裁判所がこれを受理して審理に進める判断を下した。製品が「無料」でも独占状態が消費者に価格以外の損害を与える恐れがあるという理論を支持した画期的な判断は、グーグルやアマゾン、アップルなどの支配的なプラットフォームをもつ企業にも影響する可能性が出てきた。
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Meta’s Oculus Unit Faces FTC-Led Probe of Competition Practices
The U.S. Federal Trade Commission and multiple states are investigating Meta’s virtual reality unit Oculus over potential anti-competitive practices. Bloomberg reports: The FTC and a group of states led by New York have quizzed outside developers that …
A hospitable metaverse requires the basic building blocks of virtual life
It’s not easy to build a virtual universe, but it’s certainly something that we can bring closer to reality through proper network infrastructure investments and innovation.
House committee investigating Jan. 6 subpoenas Meta, YouTube, Twitter and Reddit
The House committee leading the investigation into the January 6, 2021 insurrection at the U.S. Capitol issued subpoenas to four major tech companies Thursday. January 6 select committee chairman Bennie G. Thompson (D-MS) sent letters to YouTube parent company Alphabet, Facebook and Instagram parent company Meta, Reddit and Twitter demanding for those companies to provide […]
UK class action lodged against Meta seeks $3.1B for breach of competition law
A competition legal expert, backed by a powerful litigation fund, is set to mount a multibillion-dollar class action suit against Facebook/Meta for breach of competition law on the basis that it abused its dominance of social networking in the U.K. for several years. If successful, the action would see Facebook having to pay $3.1 billion […]
Second Life’s creator is returning to advise the original metaverse company
The creator of one of the earliest and most enduringly iconic virtual worlds is returning to his roots. Second Life’s founder Philip Rosedale will rejoin the company he founded in 1999 as a strategic advisor after High Fidelity, the spatial audio company Rosedale co-founded in 2013, invested in Second Life’s developer Linden Lab. The deal […]
Meta shuts down its experimental video speed-dating service, Sparked
Meta is shutting down a video speed-dating service it had tested over a good part of last year, the company informed the service’s users via a recent email. Last April, the company formerly known as Facebook confirmed it was testing a new dating service called Sparked, which was developed by its in-house incubator, the NPE […]
Fact-checkers write open letter urging YouTube to get serious about COVID misinformation
A group of more than 80 prominent fact-checking organizations around the world is pressing YouTube to take action against COVID misinformation, which still prevails on the platform now two years into the pandemic. “As an international network of fact-checking organizations, we monitor how lies spread online — and every day, we see that YouTube is […]
FTC has a “plausible claim” that Facebook is an illegal monopoly, judge says
Judge says the FTC has “cleared the bar” with its new filing.