Facebook has made its first crypto acquisition: Chainspace, a company founded by researchers at University College London. The acquisition could bolster Facebook’s efforts to develop a native cryptocurrency for its platforms; the social media giant is said to be creating a cryptocurrency that it will pilot through WhatsApp in India. According to its website, Chainspace was developing a...
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Apple Plans Podcasting Subscription Service in Threat to Spotify
Apple—long considered the sleeping giant in the podcast space—is waking up. The company, which runs the most widely used podcasting app in the industry, is discussing launching a new subscription service that would charge people to listen to podcasts, according to people familiar with the matter. Such a service could pose a threat to Spotify, SiriusXM, Amazon and other big companies...
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