Author: Reuters

The U.S. Federal Trade Commission, which lost a fight in court over whether Facebook parent Meta Platforms Inc could buy VR content maker Within Unlimited, has decided to formally end its effort to stop the acquisition, the agency said in a filing on Friday.

Microsoft President Brad Smith said on Tuesday the U.S. software giant has agreed to a licensing deal that will bring Activision games to Nvidia's gaming platform and hoped that rival Sony will consider doing the same.

Tencent Holdings is in talks with Meta Platforms Inc to distribute its Meta Quest line of virtual reality headsets in China, three people familiar with the matter said.

The U.S. Supreme Court on Tuesday will consider a bid to weaken a legal shield that protects internet companies from a wide array of lawsuits in a major case involving an American student fatally shot in a 2015 rampage by Islamist militants in Paris.

Microsoft has started discussing with ad agencies how it plans to make money from its revamped Bing search engine powered by generative artificial intelligence as the tech company seeks to battle Google's dominance.

The world's largest video game publisher had ambitious plans to build both virtual reality software and hardware at an "extended reality" XR unit it launched in June last year for which it hired nearly 300 people.

Tencent Holdings is abandoning plans to venture into virtual reality hardware, as a sobering economic outlook prompts the Chinese tech giant to cut costs and headcount at its metaverse unit, three sources familiar with the matter said.

A U.S. judge on Thursday is set to weigh tighter restrictions on Sam Bankman-Fried's internet use, after prosecutors said the indicted FTX cryptocurrency exchange founder may be trying to hide some of his online activity.

Cubans suffering long lines for food, fuel and medicine now have a new problem: painfully slow internet.

Russia has launched a system that will scan the internet for illegal content, making it easier for authorities to detect unsanctioned protests, anti-war dissent and "LGBT propaganda", officials said on Monday.