After FTC tried to stop it, Meta completed the purchase of a popular exercise app.
Of all the things to have FTC annoyed, why this one? Some Gov “expert” claimed that Exercise was the #1 important VR app. I heavily disagree. We have yet to see Killer App for VR/AR, and sports apps is a niche product.
https://techcrunch.com/2023/02/09/meta-acquires-within-despite-ftc-concerns/
Original Trial: https://techcrunch.com/2022/12/20/ftc-puts-zuckerberg-on-the-stand-over-metas-plan-to-acquire-within/
Trial Results: https://techcrunch.com/2023/02/01/report-meta-wins-ruling-against-ftc-to-move-forward-with-purchase-of-vr-startup-within/
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