After being noticeably absent from the cryptocurrency boom, Google is creating a new blockchain-focused unit led by a long-tenured engineer from its ad business and hired a former PayPal executive to run its payments business, which includes developing partnerships with crypto-focused companies, Bloomberg reported Wednesday. In doing so, Google showed it’s trying to develop technologies in...
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Apple’s New Headset Makes Meta Look Like AR’s BlackBerry
Apple may have just BlackBerried Meta Platforms’ Quest devices. Apple’s presentation of its mixed-reality headset, the Vision Pro, on Monday seems likely to spell the beginning of the end for Meta’s ambitions in augmented reality and virtual reality. Remarkably, given the endless amounts of media coverage devoted to this device over the past couple of years, Apple’s presentation felt...
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In November 2021, just as crypto prices were hitting all-time highs, MoonPay—a crypto payments startup that celebrities including Jimmy Fallon and Paris Hilton had praised for its non-fungible token “concierge” service— announced it had completed its first ever outside fundraising: an eye-popping $555 million round at a $3.4 billion valuation from investors including Tiger Global Management and Coatue Management.
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