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

Metaverse seems more like a marketing buzzword: Musk

Metaverse seems more like a marketing buzzword: Musk

Elon Musk said that Metaverse is more of a marketing buzzword than a business concept. In a recent interview with conservative satirical website The Babylon, Musk said Facebook’s Metaverse concept, which was first introduced in October and focuses on augmented virtual reality (VR) experiences, was more than foolproof. “I don’t see someone attaching a friggin … Read more