Britain's competition regulator launched an investigation into Apple and Google's mobile ecosystems to assess whether they're in breach of strict new tech laws.

Britain launched an investigation into the smartphone browser market on Thursday, its second use of recently bulked up regulatory powers to take on tech titans.

Britain's Competition and Markets Authority announced investigations into Apple and Google on Thursday to examine if their mobile ecosystems are breaking the country's competition rules.

Google has agreed to acquire a part of HTC's extended reality (XR) business for $250 million, expanding its push into virtual and augmented reality The deal involves transferring some of the HTC VIVE engineering staff to Google and granting non-exclusive IP rights.

Google is paying HTC $250 million in cash for a deal that will give the bigger company's plans for Android XR a boost. Under the terms of their agreement, some members of the HTC Vive engineering team will be joining Google,

Taiwan's HTC said on Thursday it will sell part of its unit for extended reality (XR) headsets and glasses to Google for $250 million and transfer some of its employees to the U.S. company. The transaction is expected to close in the first quarter of this year,