FTC slows down Meta Platforms VR deal for Supernatural

© Reuters. FILE PHOTO: Signage is seen at Federal Trade Commission headquarters in Washington, DC, US August 29, 2020. REUTERS / Andrew Kelly

(Reuters) – The U.S. Federal Trade Commission is slowing down Meta Platform Inc’s $ 400 million deal for the developer of the VR fitness app Supernatural, The Information reported Thursday, citing two people with knowledge of the situation.

Warning: Fusion media would like to remind you that the data contained in this site is not necessarily real time or accurate. All CFDs (stocks, indices, futures) and Forex prices are not provided by the exchanges but rather by market makers. The prices may therefore not be exact and differ from the actual market price, which means that the prices are indicative and not suitable for trading purposes. Therefore, Fusion Media assumes no responsibility for any business losses that you may incur as a result of the use of such data.

Fusion media or anyone involved with Fusion Media will not accept any responsibility for any loss or damage resulting from reliance on any information, including data, quotes, graphics and buy / sell signals contained in this website. Please be fully informed about the risks and costs associated with trading in the financial markets, it is one of the riskiest forms of investing possible.

About William G.

Check Also

The Evolution of Cryptocurrencies and Digital Assets

Countries and governments are scrambling to accommodate these assets and institutions, while more and more …