Meta wins court battle with FTC over the acquisition of VR platform Within Unlimited: report
A California judge denied the FTC's injunction request, arguing that Meta would dominate the VR industry by acquiring the VR fitness app Within Unlimited.
A California judge denied the FTC's injunction request, arguing that Meta would dominate the VR industry by acquiring the VR fitness app Within Unlimited.
FTC revealed to Bloomberg it’s going after several companies over their ads, but withheld their names, months after Kim Kardashian settled with SEC for $1.3 million.
Scammers have defrauded over 46,000 people, with the median amount lost being $2,600, as bogus investment scams accounted for over half the losses, according to the U.S. Federal Trade Commission.
The regulators joined the initiative in a bid to provide better regulatory clarity and identify the opportunities and challenges facing the market.