Two decades ago, Nexon helped invent the concept of digital currencies in videogames. Now the Japanese-Korean online games maker is using some of its cash to buy a different kind of digital currency—bitcoin. In an interview with The Information, Nexon CEO Owen Mahoney said the company has used about $100 million of its more than $5 billion in cash and cash-equivalents to buy 1,717 bitcoins....
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The Heir Who Wants to Be Mayor
Hi, welcome to your Weekend.To spend time with Daniel Lurie is to understand the true meaning of the word “mensch.” Everyone who knows the San Francisco philanthropist and Levi’s heir says pretty much the same things about him: Daniel is “a really good guy”—affable, smart, egoless and earnest in his desire to improve the lives of the neediest. So earlier this year, when I began hearing...
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