Financial Scrutiny and Startup Valuations Amid Advertisements

Today, some weird headlines from the world of gaming. Is VR gaming a big nothingburger for gamers themselves? Is E3 dead as a gaming industry event? Stripe is apparently raising a pretty significant down round. And the first Level 3 autonomous driving platform to receive regulatory approval belongs to Mercedes-Benz.

Sponsors:

• Radial.llc/ride (Listener Ad!)

Links:

• Sony Slashes PlayStation VR2 Headset Output After Pre-Orders Disappoint (Bloomberg)
• Exclusive: Xbox, Nintendo, and Sony Won't Be Part of E3 2023 (IGN)
• Showtime to Be Rebranded ‘Paramount+ with Showtime,’ Added to Paramount+ Premium Tier (The Streamable)
• Thrive Capital Said to Lead Potential Investment in Stripe (NYTimes)
• Twitter Makes First Interest Payment on Musk Buyout Debt (Bloomberg)
• Mercedes-Benz is the first to bring Level 3 automated driving to the US (The Verge)

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