Meta’s Zuckerberg testifies at VR antitrust hearing
December 21, 2022
At a hearing in San Jose, CA, seeking to determine if the Federal Trade Commission will block Meta’s purchase of a virtual reality (VR) fitness game startup, Mark Zuckerberg, Meta’s CEO, admitted that yes, his company is “trying to shape the future of technology.” Given that the VR market is still in its infancy, such a move by the FTC would seem to set a new precedent in preventing Meta from cornering a market that has not yet taken hold.
Recent News
Tesla Recalls Cybertruck Due to Stuck Accelerator Pedal
Tesla is recalling almost 4,000 Cybertrucks due to a sticking accelerator pedal. The problem stems from an unauthorized lubricant used during assembly, which reduces the pad’s grip on the pedal.
Trader Joe’s Recalls Organic Basil Product Linked to Salmonella Outbreak
The company’s Infinite Herbs Organic Basil product is recalled due to a possible salmonella contamination.
Procter & Gamble Reports Mixed Results After Price Hikes
Procter & Gamble’s recent quarterly results showed a mix of gains and setbacks. Despite facing challenges in attracting shoppers due to increased prices over the past two years, the company managed to exceed earnings expectations.
JetBlue and Southwest Airlines Collision Narrowly Avoided at Reagan National Airport
An air traffic controller instructed one plane to cross the runway at the same time a second plane was taking off.