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Monday, June 9, 2025

Zuckerberg Braces for Battle with Apple over Metaverse as Regulator Warns about Meta's 'Virtual Empire' - Cryptonews

Facebook’s parent company Meta and tech giant Apple are locked in a “very deep, philosophical competition” to build the metaverse, with each business trying to determine “what direction the internet should go in,” the social media platform’s founder and CEO Mark Zuckerberg reportedly said. Meanwhile, a regulator is concerned about "Meta’s virtual reality empire."
The entrepreneur presented his opinion on this ongoing competition to Facebook’s employees during a recently held internal meeting, The Verge reported, citing a recording of Zuckerberg's comments during an internal all-hands meeting. The CEO said that Meta would position itself as the more open, but also a cheaper alternative to Apple’s hardware, as the California-based tech giant is expected to unveil its first augmented reality headset by the end of this year.
“This is a competition of philosophies and ideas, where they believe that by doing everything themselves and tightly integrating that they build a better consumer...



Read Full Story: https://cryptonews.com/news/zuckerberg-braces-for-battle-with-apple-over-meta...

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