“Not Interested In Metaverse In The Current Scenario, Say Silicon Valley CEOs
The metaverse has been receiving more attention in recent events. Several projects have emerged due to the growing number of fans in the space. However, some CEOs from tech companies have expressed less enthusiasm over the metaverse. For example, Microsoft gaming chief Phil Spencer and Evan Spiegel, the CEO of Snap, disclosed not being big […]
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Richard Waters, writing in Financial Times, is reporting that Silicon Valley's A-Listers seem to be fast climbing onto the Bitcoin bandwagon. More and more of Silicon Valley's venture capitalists have been queuing up to invest in Bitcoin start-ups. Yesterday, some of Silicon Valley's heavy hitters bought into the $20 Million funding round for Xapo. This list included none less than Reid Hoffman of Greylock Partners, Mike Volpi of Index Ventures attracting funding from the deep pockets of Max Levchin, Yuri Milner as well as Jerry Yang, the co-founder and former CEO of Yahoo!. But this....
Cardano founder Charles Hoskinson said he chose Wyoming to base Input Output Global (IOG), and not Silicon Valley, because of the Valley’s “unhealthy” environment. The comments dispel the notion that tech firms need Silicon Valley to “make it.” What’s more, his candid account of trying to integrate into that culture delivers a humbling that some […]
The Silicon Valley division of global telecommunications giant Orange is planning to invest in the bitcoin space. Orange Silicon Valley (OSV), which lists cryptocurrency as one of its main focus areas, is looking to spend up to $20,000 per startup and is currently in talks with two bitcoin companies, according to Bloomberg.
Disney’s CEO said the company doesn’t tend to use the word metaverse, as it believes it’s a very broad term. During a Wall Street Journal event, Microsoft gaming chief Phil Spencer and Snap CEO Evan Spiegel revealed that they are not big fans of the metaverse in its current form.Spencer called the metaverse’s current iteration a “poorly built video game,” referring to the ecosystem’s bad graphics and low-quality interfaces.The Microsoft gaming chief noted that the gaming world still has an advantage over the metaverse in creating different engaging virtual worlds. At the same time, he....
The San Jose Earthquakes, a soccer club from California, is banking on the growing popularity of bitcoin in Silicon Valley as it prepares to launch bitcoin payments at its stadium box office, concession stands and gift store. Bitcoin integration at the team's Buck Shaw Stadium will take place on 25th May, in time for the Earthquakes' match with Houston Dynamo. Coinbase is acting as the stadium's bitcoin payments processor, leveraging the exchange's tablet app to accept payments. Team President Dave Kaval told CoinDesk that the the organization became interested in bitcoin thanks to nearby....