Facebook’s VR Oculus business probed by US states, Marketing & Advertising News, ET BrandEquity

Facebook's VR Oculus business probed by US states, Marketing & Advertising News, ET BrandEquity

Image for representative purpose / Reuters Several states have begun investigating potential violations in how Facebook, now known as Meta Platforms Inc, runs its Oculus virtual reality business, according to three people familiar with the matter. Two sources said the US Federal Trade Commission is also involved in the antitrust investigation. Meta did not immediately … Read more

Reddit IPO to test social media platform’s ‘meme’ stock hype, Marketing & Advertising News, ET BrandEquity

Reddit IPO to test social media platform's 'meme' stock hype, Marketing & Advertising News, ET BrandEquity

Reddit IPO to test social media platform’s “meme” stock hype Written by Dawn Chmielewski and Sheila Dang Reddit users have helped fuel dozens of “meme” stock gains this year, from retailer GameStop Corp to AMC Entertainment Holdings Inc. Some analysts doubt that this will be a saving grace for the social media platform as it … Read more