Meta Platforms has launched a virtual reality subscription service in an effort to bolster its VR business after it slashed the cost of its Quest 2 headsets and announced its next headset, Quest 3, is coming later this year. In a blog post Monday, the company said the service, Meta Quest+, would cost $7.99 per month or $59.99 annually. Subscribers will get two new games per month. It’s...
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Creator Economy startups
Beehiiv’s Deal for an Ad Tech Startup Shows Strains on Founders
Let’s kick off this week with some creator economy M&A news. Beehiiv, a newsletter publishing startup, is acquiring Swapstack, an advertising marketplace for newsletters, Beehiiv’s CEO Tyler Denk confirmed to me. Beehiiv is acquiring the smaller firm’s tech and relationships with advertisers. Swapstack co-founder and CEO Jake Schonberger and a Swapstack account manager will join nearly...
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