The Washington Post Technology Columnist Geoffrey Fowler joins Yahoo Finance Live to discuss Amazon’s digital surveillance network and what type of data Amazon is collecting about consumers. Read More...
Reuters
Facebook parent seeks dismissal of U.S. challenge to Within Unlimited deal
WASHINGTON (Reuters) -Facebook parent Meta Platforms Inc on Thursday asked a U.S. judge to dismiss a lawsuit filed by the Federal Trade Commission (FTC) that argues that the company’s proposed deal to buy reality content maker Within Unlimited should be blocked. “The FTC’s attempt to fix its ill-conceived complaint still ignores the facts and the law and relies on pure speculation of a hypothetical future state,” a Meta spokesperson said Thursday. The FTC, which did not immediately comment, had filed a lawsuit in July saying that Meta’s acquisition of Within would “tend to create a monopoly” in the market for virtual reality-dedicated fitness apps.
