May 10, 2022

Qualcomm CEO States Metaverse Will Be a ‘Very Big’ Opportunity

Qualcomm CEO States Metaverse Will Be a ‘Very Big’ Opportunity

Qualcomm, one of the largest fabless mobile chip makers, is very optimistic about the future of the metaverse and what it might bring for companies and consumers in the area. Qualcomm CEO Cristiano Amon believes that, while there is much to do in the development space, this development is real and will bring a very

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Galaxy Digital Loses 1.7m in Q1 as Crypto Markets Plunge

Galaxy Digital Loses $111.7m in Q1 as Crypto Markets Plunge

A diversified financial services firm dedicated to the digital asset, Galaxy Digital (GLXY), announced its financial results for the first quarter ended March, with a significant financial loss. The company recorded a net loss of $111.7 million due to unrealised losses in digital assets and investments in its trading and investing businesses. In the same period, in

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Azuki NFT Founder Admits to Abandoning Past Projects

Azuki NFT Founder Admits to Abandoning Past Projects

The project’s floor price has dropped dramatically following the news. The pseudonymous founder of the popular Azuki non-fungible token (NFT) project revealed his fraught history with abandoned projects Monday night, sending NFT Twitter into a frenzy and the collection’s floor price dropping. The founder, known as the Twitter user Zagabond, chronicled his NFT history in a blog

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Sony announces .5 billion share buyback; sees 56% rise in PlayStation 5 sales

Sony announces $1.5 billion share buyback; sees 56% rise in PlayStation 5 sales

KEY POINTS Sony plans to buy back 200 billion Japanese yen ($1.54 billion) of shares as the company announced operating profit more than doubled thanks in large part to its PlayStation gaming division. Sony’s Chief Financial Officer Hiroki Totoki said the company is forecasting sales of 18 million units of the PlayStation 5 in the

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NASA Partners With Epic Games to Create a Martian Metaverse Simulation

NASA Partners With Epic Games to Create a Martian Metaverse Simulation

NASA, the U.S. space agency, has partnered with Epic Games, the company behind Fortnite, to build a challenge for developers to help create a Martian metaverse experience. The challenge will include various tasks, including designing several key environments for Martian astronauts, which will be rendered using Epic Games’ Unreal Engine 5 to provide a realistic

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USED CAR EXPORTER SBI MOTOR JAPAN NOW ACCEPTS BITCOIN

USED CAR EXPORTER SBI MOTOR JAPAN NOW ACCEPTS BITCOIN

SBI Motor Japan is now accepting bitcoin and another cryptocurrency in an effort to provide cross-border access to used-cars for unbanked users. SBI Motor Japan, subsidiary of SBI Holdings, is accepting bitcoin and another cryptocurrency for its cross-border e-commerce site for used cars. SBI stated this feature will offer accessibility to a wide range of

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Meta will test digital collectibles on Instagram starting this week

Meta will test digital collectibles on Instagram starting this week

According to Mark Zuckerberg, Meta was planning to “bring similar functionality to Facebook soon” and working on “augmented reality NFTs” for Instagram as well. Mark Zuckerberg, CEO of Facebook’s parent company Meta, said that the company is starting to test digital collectibles on photo and video sharing platform Instagram this week, signaling a move toward

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