Sources: Genesis struggles to raise $1B+ funding for its lending unit and warns potential investors that it may need to file for bankruptcy if its efforts fail
Digital-asset brokerage Genesis is struggling to raise fresh cash for its lending unit, and it's warning potential investors …
Meta partners with Microsoft to bring Teams, Office, Windows 365, and Xbox Cloud Gaming to Quest VR headsets in the coming months; Teams will use Meta's avatars
Good morning! Meta took the wraps off its Quest Pro VR headset … Kyle Wiggers / TechCrunch : Meta partners with Microsoft to bring Teams, Windows apps and games to Quest devices S...
The FTC files to block Meta's acquisition of VR company Within, saying Meta “chose to buy” instead of compete, the first antitrust lawsuit filed under Lina Khan
Welcome to BIG, a newsletter on the politics of monopoly power. Lauren Feiner / CNBC : Facebook lawsuit delivers on FTC chair Lina Khan's progressive agenda Josh Sisco / Politico :...
Meta tests Discord-like changes to Facebook Groups, adding a channels list in a left-aligned sidebar that can include audio rooms, text chats, and feed channels
New Groups changes seem inspired directly by Discord — Facebook Groups are about to get some big changes, and if you've used Discord …
As Apple is expected to debut a headset in January 2023 and Meta slows VR investments, a look at opportunities for the VR supply chain and other headset makers
As Apple is expected to debut a headset in January 2023 and Meta slows VR investments, a look at opportunities for the VR supply chain and other headset makers
(1) One of the keys to the VR industry's rapid growth in the past 2-3 years is Meta sold VR headsets at a loss and aggressively promoted its VR business.
Sources: Crypto lending and borrowing service BlockFi is in the process of raising a down round at a $1B valuation; BlockFi was last valued at $3B in March 2021
Frank Chaparro / The Block :
Mark Zuckerberg demos mixed reality on Meta's Project Cambria headset; Meta will enable MR app development for Quest 2 and Cambria via its Presence Platform
could it be a new pet simulator? Manu / Noticias Tech : Zuckerberg muestra los auriculares VR 🥽, congelación de contratación de Twitter 🐦, lecciones de inicio no obvias 💡 Maggie Ti...
Mark Zuckerberg demos mixed reality on Meta's Project Cambria headset; Meta will enable MR app development for Quest 2 and Cambria via its Presence Platform
could it be a new pet simulator? Manu / Noticias Tech : Zuckerberg muestra los auriculares VR 🥽, congelación de contratación de Twitter 🐦, lecciones de inicio no obvias 💡 Maggie Ti...
Cameo lays off 87 staff; source says CTO Rob Post, marketing exec Emily Boschwitz, CPO Nundu Janakiram, and Chief People Officer Melanie Steinbach have gone
Cameo, the celebrity video greetings startup, laid off 87 of staffers Wednesday, a move that CEO Steven Galanis described as “right-sizing.”
Cameo lays off 87 staff; source says CTO Rob Post, marketing exec Emily Boschwitz, CPO Nundu Janakiram, and Chief People Officer Melanie Steinbach have gone
Cameo, the celebrity video greetings startup, laid off 87 of staffers Wednesday, a move that CEO Steven Galanis described as “right-sizing.”
Roadmap: Meta plans four VR headsets by 2024; source says high-end MR headset Cambria, once set for 2021, could debut in September before its successor in 2024
Addiction scholars say cryptocurrency has characteristics that make it more addictive than sports betting, gambling, and traditional financial investing
Pranshu Verma / Washington Post : Tweets: @pranshuverma_ , @lucasmtny , and @coin_trades Tweets: Pranshu Verma / @pranshuverma_ : new: Crypto was supposed to make these traders ri...
Ethereum L2 scaling startup Optimism raises a $150M Series B led by Andreessen Horowitz and Paradigm at a $1.65B valuation
Aptos, a Layer 1 blockchain built by ex-Meta employees who worked on Diem, raises $200M at a $1B+ valuation led by a16z
Life360 will stop selling users' precise location data and sell aggregate data to two clients down from a dozen, after a report found it's a broker top source
The Markup :
Source: Meta-backed Diem Association is selling its technology to California bank Silvergate Capital, which serves crypto companies, for ~$200M
Diem Association is selling its technology to crypto-focused bank Silvergate Capital for $200 million — Facebook's ambitious effort to bring cryptocurrency to the masses has fail...
Autograph, an agency co-founded by Tom Brady that helps celebrities get involved with NFTs, raises a $170M Series B co-led by a16z and Kleiner Perkins
Autograph, an NFT agency co-founded by athlete Tom Brady with a particularly deep bench of star power, has banked new funding …
Nike acquires RTFKT, an NFT studio founded in 2020, for an undisclosed sum; RTFKT raised an $8M seed in May led by a16z at a $33.3M valuation
Lucas Matney / TechCrunch :
Nike acquires RTFKT, an NFT studio founded in 2020, for an undisclosed sum; RTFKT raised an $8M seed in May led by a16z at a $33.3M valuation
Nike is taking a plunge deeper into the world of crypto collectibles, announcing that they're acquiring the NFT studio RTFKT (pronounced “artifact").