Meta Platforms, formerly known as Facebook, is reportedly exploring the development of a new virtual currency designed to pay for goods and services across the metaverse. Internally referred to as “Zuck Bucks,” Meta’s new currency could be similar to the premium in-app currencies used in platforms like Roblox and Rec Room. The Financial Times said that Meta’s new metaverse currency is unlikely...
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‘I Can Take Video Calls Even While Cooking’: The Smart Kitchen Appliances That Tech People Love
“We have three kids, two cats and a dog,” said Charles Edge, chief technology officer at Bootstrappers.mn, a venture capital firm in Minneapolis. “It’s a busy household in the morning, with kids and animals screaming for food and needing to be driven to school or daycare.” A wide array of smart kitchen tools is making Edge’s life—and his...
SEC Easing Rules Around Raising Money in Direct Listings
Sam Bankman-Fried Secretly Funded The Block Through Loans to CEO
Bankman-Fried Open to Testifying at House Hearing, Mum on Senate
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Two years ago, Salesforce co-founder and CEO Marc Benioff gushed about his software company’s $28 billion purchase of messaging app Slack, describing it as a “match made in heaven.” It was also the most expensive subscription software acquisition of all time, with Salesforce paying around 26 times Slack’s forward revenue—a price tag that carried high expectations.
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