SoftBank Group is investing $150 million in Zepeto, a South Korean metaverse app where users build their avatars, purchase virtual fashion items and interact with each other, in a deal that values the company at more than $1 billion, The Wall Street Journal reported. Zepeto, which is operated by a subsidiary of South Korean internet giant Naver, has gained popularity mainly among young female...
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Apple’s Hiccup, Blue Apron Gets Picked Up
It’s hard to feel sympathy for Apple, given how much money it makes ($9.2 million in net income every hour in the most recent quarter). But the flood of complaints on social media about overheating in the latest line of iPhones makes you feel a bit for the tech giant and its executives. Here’s a company that wanted to make its high-end phones lighter by using titanium, and what sounds like a...
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