“Indian companies have only been looking at this technology for only about a year right now but already a lot of development has been done and we aren’t very far behind because that was the early stages where things were moving more slowly,” said Auxesis’ Gaurav. “So now when we make use cases, they learn from these scenarios”, Gaurav added. Bajaj, Pidilite, and others are looking at things like supply chain using blockchain infrastructure, and there are more big corporations that are also working to evolve the processes.”.

It has not detailed why it made the move, but said it was not related to the investigation launched Thursday.”While Oculus devices are not currently available for sale in Germany, we will cooperate fully with the Bundeskartellamt and are confident we can demonstrate that there is no basis to the investigation,” Facebook said.Facebook announced earlier this year that all Quest 2 users would require a Facebook login with the device, and that users of other Oculus products could merge their account or continue using the Oculus account until January 2023.Facebook, Instagram, WhatsApp Face Outage in Parts of the WorldThe company, which acquired Oculus in 2014, also rebranded Oculus Connect as Facebook Connect and changed the name of its virtual reality team from Oculus Research to Facebook Reality Labs.The German investigation comes just a day after US regulators sued the social network, accusing it of abusing its market power and seeking remedies that could include a forced spinoff of Facebook’s prized Instagram and WhatsApp messaging services.Last year, the Bundeskartellamt determined Facebook was exploiting its dominance in social media to better target advertisements, by forcing users to share data from other Facebook owned services including WhatsApp and Instagram, as well as third party websites through the “Like” and “Share” buttons.It gave Facebook several months to stop collecting data and combining it with Facebook users’ accounts without their consent.Facebook appealed that decision, and a Duesseldorf court ruled it did not have to comply with the regulations until the case had been decided.In June, the Federal Court of Justice, a top appeals court, dealt Facebook a blow, overturning the Duesseldorf court’s stay order while agreeing with the Bundeskartellamt that Facebook’s terms of use leave “private Facebook users with no choice.” It said the company had to comply with the regulators.The main proceedings in Duesseldorf are still pending, however, and Facebook has said it will continue to defend its position that there is no antitrust abuse. Meantime, other appeals are also underway and Facebook still has not had to comply with the Bundeskartellamt’s orders, the agency said.The Duesseldorf case is currently scheduled to be heard March 26.”The fact that Facebook has resorted to various legal remedies is not surprising in view of the significance which our proceedings have for the group’s business model,” Mundt said. “Nevertheless, the resulting delay in proceedings is of course regrettable for competition and consumers.”For the latest tech news and reviews, follow Gadgets 360 on Twitter, Facebook, and Google News.