Mark Zuckerberg, CEO of Meta Platforms Inc., launched an attack on Apple Inc. AAPL at the New York Times DealBook summit on Wednesday.
What Happened: Zuckerberg said that Apple has singled itself out as the only company that is trying to control what apps get on a device, according to CNBC.
"I don't think that is a good place to be," said the CEO of the company that owns Facebook and Instagram.
Zuckerberg said that the latter lets users sideload applications and have other app stores work directly with phone manufacturers, as opposed to Apple's rival Google, owned by Alphabet Inc GOOG GOOGL. Zuckerberg said that it has been our commitment to build up our VR and what we plan to do with our AR headsets.
Why It Matters: Meta has earlier hit Apple and accused it of undercutting others in the digital economy. Elon Musk, the CEO of Twitter, has lashed out at the iPhone maker for its stance on free speech in America and its App store policies. He said on Wednesday that he resolved the misunderstanding after meeting Apple CEO Tim Cook.
Apple and Meta are increasingly emerging as competitors in the hardware segment, with both companies working on metaverse devices.
The two have interests in the wearables segment, particularly smart watches.