Snap CEO isn’t anticipating a lot from Fb antitrust investigations

Fb’s relentless blatant function replica of Snapchat had been observed as one of the vital leader examples of the corporate’s aggressive overreach, however Snap CEO Evan Spiegel isn’t positive whether or not antitrust task from the federal government goes to switch the corporate’s near-term potentialities…
Facebook’s relentless blatant feature copy of Snapchat have been seen as one of the chief examples of the company’s competitive overreach, but Snap CEO Evan Spiegel isn’t sure whether antitrust activity from the government is going to change the company’s near-term prospects…

Original article
Original article
Author: Lucas Matney

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Lucas Matney has recently written 11 articles on similar topics including :
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  2. "While it quickly became clear that the tech and developer conference held during the spring would need to be cancelled due to COVID-19, tech companies are beginning to pull the plug on events taking place later in 2020". (April 16, 2020)
  3. "Facebook is officially killing off the Rift. The company showed off its latest headset at its newly renamed Facebook Connect online event today, but they also revealed that they would be ending sales of the PC-based Oculus Rift S early next year". (September 16, 2020)
  4. "Facebook spent billions on Oculus in 2014, and in the years since the organization has been absorbed deeper into Facebook while the startup’s co-founders have stepped back in prominence". (August 13, 2019)
  5. "With Google and Facebook yielding massive control over the online ad market, leaving only scraps for other ad platforms, perhaps it was only natural that tech startups would take a step back and start to look for opportunities in selling billboards". (February 13, 2020)
  6. "The coronavirus pandemic is significantly slowing the growth of Facebooks ads business, but investors seem pleased with the companys performance in Q1 after Facebook released its earnings report Wednesday". (April 29, 2020)
  7. "Facebook spent a large amount of time at its Oculus Connect 6 keynote detailing the new links between its VR headset and the company’s core Facebook app". (September 25, 2019)
  8. "Facebook is selling Oculus Medium a 3D virtual reality sculpting tool for creatives to Adobe. The team was an expensive effort for Oculus and its sale signifies a broader rethinking within Facebook in what virtual reality projects they tackle in-house". (December 7, 2019)
  9. "Even as the pandemic forces Niantic to shift the way its outdoor-friendly titles are played, the gaming company is charging ahead with its efforts to build out an augmented reality platform which allows users to interact with the real world". (March 31, 2020)
  10. "Subscription pricing is landing on Facebooks Oculus Store, giving VR developers another way to monetize content on Facebooks Oculus Quest headset". (April 15, 2021)
  11. "Facebook is restructuring its experimental hardware efforts and giving its moonshot projects a home within its AR/VR research division". (December 15, 2018)
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