NewsCalifornia News

Actions

Meta CEO Mark Zuckerberg takes witness stand in FTC case

Mark Zuckerberg
Posted

SAN JOSE, California (AP) — Mark Zuckerberg, the CEO of Facebook parent company Meta, took the witness stand Tuesday in the FTC’s effort to stop the tech giant from buying a virtual reality startup.

At issue is whether Meta’s acquisition of the small company that makes a VR fitness app called Supernatural will hurt competition in the emerging virtual reality market. If the deal is allowed to go through, the Federal Trade Commission argues, it would violate antitrust laws and dampen innovation, hurting consumers who may face higher prices and fewer options outside platforms controlled by Meta Platforms Inc.

The case, expected to wrap up Tuesday, is being heard by U.S. District Judge Edward Davila, who also oversaw the trial of disgraced Theranos founder Elizabeth Holmes and her partner Ramesh “Sunny” Balwani.

Both were sentenced to over a decade in prison for their roles in the company’s blood-testing hoax.



,

Weather

Daily Forecast

View Hourly Forecast

Day

Conditions

HI / LO

Precip

Thursday

07/03/2025

Clear

-° / 69°

0%

Friday

07/04/2025

Clear

95° / 65°

0%

Saturday

07/05/2025

Clear

95° / 65°

0%

Sunday

07/06/2025

Clear

99° / 69°

0%

Monday

07/07/2025

Clear

101° / 69°

0%

Tuesday

07/08/2025

Clear

101° / 70°

0%

Wednesday

07/09/2025

Clear

101° / 73°

0%

Thursday

07/10/2025

Clear

102° / 75°

0%