SoftBank led a $93 million round of investing into The Sandbox, which is majority owned by Animoca Brands and allows users to build a virtual world using non-fungible tokens, Reuters said. NFTs and gaming are attracting a lot of attention as games like Axie Infinity, a blockchain-based games where participants can earn actual money, have surged in popularity. Animoca Brands is a Hong...
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Dealmaker venture capital
How Union Square Ventures Knew Venture Capital Had Peaked
Union Square Ventures managing partner Albert Wenger, 55, has been meaning to write a blog post about Tesla’s self-driving technology, he tells me about half hour into our interview at the firm’s New York headquarters last week. Sitting between two framed NFTs, he’s already covered the fall of FTX (“a setback”), the signs that venture capital had reached a top (VC firms starting “incubation...
Ex-Twitter Employees File Class Action Lawsuit Alleging Sex Discrimination
Meta Faces FTC In Court Over VR Acquisition
FTC Sues to Block Microsoft’s $69 Billion Activision Acquisition
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Microsoft Eyes ‘Super App’ to Break Apple and Google’s Hold on Mobile Search
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