Facebook said it will help Epic Games in its antitrust lawsuit against Apple, producing internal documents that show how the iPhone-maker’s policies have “adversely impacted Facebook and the people and businesses who use our services.” Officially joining Epic’s cause, which seeks to force Apple to loosen its grip on mobile app distribution, ups the tension between Facebook and Apple at a time...
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The Briefing Enterprise Startups
Meta’s M&A Ambitions Curtailed; Will Bret Taylor Be a Chip Off the Old Block?
Anyone working on mergers and acquisitions at Meta Platforms, formerly Facebook, might want to look for a new job. The British antitrust regulator’s decision to force Meta to divest Giphy, the tiny GIF search engine it acquired last year for $315 million, demonstrates that even small acquisitions are off limits to the tech giant. And while this was a decision in Britain, the Federal Trade...
China Will Ban Companies From Listing on Foreign Exchanges Using VIEs
SoftBank Invests $150 Million in South Korean Metaverse App
Allbirds’ Revenue Rose 33% in Q3
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