The Associated Press canceled the sale of a non-fungible token made from one of its videos depicting a boat of migrants after facing criticism for seeming to profit off their hardship, the news organization said on Thursday. The outlet tweeted earlier in the day that they would be selling a video “of migrants drifting in an overcrowded boat in the Mediterranean” as an NFT. Soon after, Twitter...
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Musk Puts $20 Billion Value on Twitter
Elon Musk offered Twitter employees stock grants at a valuation of roughly $20 billion, said a person familiar with an email Musk sent to staff, less than half what he paid to buy the company. It was a concrete acknowledgment of how much Twitter’s value has dropped since the deal—but it is still well above public market valuation levels for Twitter’s rivals.
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