Tech Brew Ride Home Thu. 04/07 – Zuck Bucks
Apr 7, 2022
Meta is launching 'Zuck Bucks' to fuel its metaverse ambitions, despite crypto's rocky path. OpenSea now supports Solana NFTs, while fast fashion giant Shein reaches a staggering $100 billion valuation. Meanwhile, payment startup Bolt shifts focus in the evolving payments landscape after acquiring Wyre. Exciting news for kids as Epic Games and LEGO team up to ensure a fun and safe metaverse experience. Plus, DALL-E 2 is advancing, now capable of editing images and tackling AI bias!
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Meta's Exploration of New Revenue Streams
- Meta is exploring new revenue streams beyond advertising, including virtual currency, lending services, and social tokens.
- These initiatives aim to retain users and address declining popularity of Facebook and Instagram.
Google Play Store's Crackdown on Outdated Apps
- Google Play Store will hide and block outdated apps starting November 1st, 2022.
- This affects apps not targeting a recent Android API, impacting abandoned apps or those with inactive developers.
OpenSea Embraces Solana
- OpenSea adds Solana NFT trading support, expanding beyond Ethereum.
- Solana offers lower fees, energy efficiency, and higher transaction throughput.