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Meta takes on the US antitrust agency over the future of virtual reality

Meta takes on the US antitrust agency over the future of virtual reality

WASHINGTON/SAN JOSE, Calif., Dec 8 (Reuters) – The Federal Trade Commission, which enforces antitrust law, is about to engage in a real court battle over virtual reality. On Thursday, a high-profile lawsuit kicks off in which the FTC will try to stop Facebook parent company Meta Platforms Inc (META.O) from buying virtual reality app developer …

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'No sacred cows' as pipeline company TC Energy prepares for C$5 billion asset sale

‘No sacred cows’ as pipeline company TC Energy prepares for C$5 billion asset sale

WINNIPEG, Manitoba, Dec 2 (Reuters) – As TC Energy Corp (TRP.TO) prepares to offload C$5 billion ($3.7 billion) in assets next year, investors and analysts say the North American pipeline operator has many options without touching its core gas business. Chief executive Francois Poirier cleared up any ambiguity this week when asked how much of …

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Foxconn unrest threatens iPhone shipments and weighs on Apple shares

Foxconn unrest threatens iPhone shipments and weighs on Apple shares

November shipments from Foxconn’s Zhengzhou plant to drop further – source Workers’ discontent at the factory turned into protests this week More than 20,000 workers, mostly new recruits, left – source TAIPEI, Nov 25 (Reuters) – Foxconn’s (2317.TW) flagship iPhone factory in China is expected to see a further reduction in November shipments after the …

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