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Big News from Altspace VR, Apple, Disney, Lloyd’s, and the US Justice Department

XR Today - Big XR News tag

Regarding the intentions behind the lawsuit, Colorado AG Phil Weiser said: We are taking action by filing this lawsuit to unwind Google’s monopoly and restore competition to the digital advertising business. Recently, Microsoft and Amazon cut back roughly 10,000 employees, and Meta dismissed approximately 11,000 people.

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How Are US Regulators Affecting Big Tech’s XR Plans?

XR Today - Mixed Reality tag

Attorney generals from eight states—California, Colorado, Connecticut, New Jersey, New York, Rhode Island, Tennessee, and Virginia—have joined the litigation. The news comes as the US Government cracks down on Big Tech companies such as Meta Platforms, Amazon, and Apple, among others. billion USD deal.

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