02:50 PM EDT, 08/07/2024 (MT Newswires) -- Meta Platforms ( META ) is discussing a potential virtual reality software licensing deal with Indian technology company Jio, The Information reported Wednesday, citing three people with knowledge of the situation.

The US tech giant is in talks to provide its Horizon software to support a virtual reality device that Jio will develop, according to the report, citing two of the people.

A deal remains uncertain, the report said.

Meta and Jio did not immediately respond to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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