The US FTC Wants To Block Meta From Buying The Creator Of Popular VR Fitness App

The US FTC Wants To Block Meta From Buying The Creator Of Popular VR Fitness App

Is the FTC unfairly targeting Meta? Or are they on to something with their monopoly claims? The facts come to light in the FTC lawsuit against the company formerly known as Facebook. Their aim is clear, to block Meta from acquiring Within Unlimited, creators of the popular Supernatural app. “The agency’s complaint notes that according […]


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FTC files lawsuit against Meta over attempted monopolization of metaverse

The government watchdog previously filed a lawsuit against the social media giant in 2020 for alleged “anticompetitive conduct” in its acquisitions of WhatsApp and Instagram. The United States Federal Trade Commission, or FTC, has filed a lawsuit against Meta and CEO Mark Zuckerberg in an attempt to stop the social media giant from “its ultimate goal of owning the entire ‘metaverse’.”In a complaint filed in the Northern District of California on Wednesday, the FTC alleged Meta’s and Zuckerberg’s potential acquisition of virtual reality firm Within and its fitness app Supernatural was....

Fitcoin: An App that Offers Bitcoin Payments for Working Out

With the rise of wearable technology and fitness trends these days, it's no wonder that app developers are taking advantage of the bandwagon and created an app that can reward you in bitcoin payments for working out. Creators at this Austin-based company claim that this app can pay you based on the intensity of your workouts. Users can simply create an account in their bitcoin repository, download the app, and sync the information to a fitness tracker. This app is available for iOS devices for now and makes use of information from heart rate trackers available with public access. Earning....

Why Meta Joined The Board Of This Crypto Protection Initiative

In an official post, the Crypto Open Patent Alliance (COPA) has welcomed Meta, previously known as Facebook, to its board. The organization called it the “biggest cryptocurrency patent commitment to data” as the big tech company joins Coinbase and the Jack Dorsey-led Block. Related Reading | Facebook (Meta) Removes It’s Ban Of Crypto Ads As […]

Facebook Owner Meta Files Trademark Applications for ‘Meta Pay’ Covering Cryp...

Meta Platforms Inc., formerly Facebook, has filed five trademark applications for “Meta Pay.” The filings cover a wide range of cryptocurrency services. The company is renaming Facebook Pay to Meta Pay. Trademark Applications for Meta Pay Meta Platforms Inc., formerly Facebook, filed five trademark applications for “Meta Pay” with the United States Patent and Trademark Office (USPTO) last week. Trademark attorney Josh Gerben tweeted explaining Wednesday that, in his opinion, Meta’s applications indicate the company is planning to....

The creator economy will explode in the Metaverse, but not under Big Tech’s r...

Independent creators and artists should feel empowered by decentralization and not play by Big Tech’s rules, especially in the Metaverse. In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st century.With the news that Meta plans to take a nearly 50% cut of virtual asset sales in Horizon Worlds, it will not be surprising if independent artists and content creators turn away from the Metaverse entirely. Or at....