Meta Retreats From VR Worlds

At long last, the government has issued guidance to crypto on what is or is not allowed. The blowup from gamers has caused Jensen to push back. A tale of contrasting IPOs from wildly different industries. And is your boss about to ask you to submit expense reports for your token use?

• SEC, CFTC Move to Define Which Digital Assets Are Securities (Bloomberg)
• Jensen Huang says gamers are 'completely wrong' about DLSS 5 — Nvidia CEO responds to DLSS 5 backlash (TomsHardware)
• Meta to Discontinue Key Metaverse Product for VR Headsets (Bloomberg)
• AI Drone Software Stock Jumps 520% in Best IPO Since Newsmax (Bloomberg)
• Crypto exchange Kraken freezes multibillion-dollar IPO plan due to difficult market conditions (CoinDesk)
• Apple Cracks Down on ‘Vibe Coding’ Apps (The Information)
• You’ve Finally Figured Out AI at Work—Now Comes the Bill (WSJ)

Learn more about your ad choices. Visit megaphone.fm/adchoices