Metaverse Spending to Total $5 Trillion in 2030, McKinsey Predicts
Businesses’ and consumers’ annual global spending related to the metaverse could reach $5 trillion by 2030, according to a new report from consulting firm…
Browsing Tag
consumer services
Didi Ends Tumultuous Run as a New York-Listed Company
Didi Global Inc.’s
DIDI -8.05%
bumpy ride in the U.S. public markets is over—after 11 months.The…
Cannabis Companies Try the Metaverse as a New Marketing Platform
Cannabis companies are using the metaverse to set up shops, promote their core product, and sell real-world merchandise and nonfungible tokens.Major brands…
Tech Valuations Tumble, but Business Software Stocks Are Cushioned by the Cloud
Tech valuations have been whipsawed by rising interest rates, steep inflation and economic uncertainty—but not so much in enterprise software. Demand is…
Nvidia Only a Bit Off Its Game
Nvidia
NVDA 5.70%
may be the chip company for the metaverse, but even they can’t…
Snap Plunges, And There Goes Social Media’s Online Ad Biz
Investors knew that the world wasn’t clicking for online advertisers right now. In a snap on Monday night, they grasped how dire the…
Tinder Owner Match Group, Google Reach Deal on App Store Payment Rules
Match
MTCH 2.60%
Group Inc. withdrew its request for a temporary restraining…
GOP-Led Legislation Would Force Breakup of Google’s Ad Business
A bipartisan group of senators led by Utah Republican
Mike Lee
introduced legislation Thursday that would take aim at…
MicroStrategy Won’t Change Bitcoin Plans Despite Recent Declines, New CFO Says
MicroStrategy Inc.’s
new chief financial officer on Wednesday said its strategy to buy and hold bitcoin long term won’t change…
Anthem Looks to Fuel AI Efforts With Petabytes of Synthetic Data
Anthem Inc.’s
chief information officer says he is working with
Alphabet Inc.’s…