Tag: Gaming Business
GameStop Announces Plans for NFT Marketplace
Video game chain and meme stock symbol GameStop is pouring up to $100 million into a new non-fungible token (NFT) marketplace. GameStop revealed early on Friday it would be teaming up with Immutable X (IMX) for the marketplace, using the Ethereum-based network as a layer-2 partner for the project. The partnership established an up to […]
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Apple CEO Tim Cook Hints At Metaverse Investment
Tim Cook, CEO of tech giant Apple, has hinted that the metaverse has arrived on his radar and that the company exploring the technology. In Apple’s latest earnings call, a Morgan Stanley representative asked Cook if he was “thinking about the Metaverse opportunity and Apple’s role in that market.” Cook said: “Well, that’s a big […]
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NFT Trading Comes to Facebook and Instagram: Report
NFT trading is coming to Facebook and Instagram, according to a report from The Financial Times. Meta, formerly Facebook, is reportedly working on plans to let its users mint their own non-fungible tokens, display real NFTs in their profile photos, and sell NFTs to other users, according to those familiar with the matter who spoke […]
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Microsoft makes a Metaverse Move, Buys Activision for $69 Billion
Microsoft has made its move into the metaverse with nearly $70 billion acquisition of gaming titan Activision. Activision is the company behind massive hits like “World of Warcraft,” “Diablo,” “Overwatch,” and “Call of Duty” which are all included in the acquisition. Microsoft will acquire Activision for $95.00 a share in an all-cash transaction totaling $68.7 […]
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Tech Trends That Revolutionize Sports Betting Industry
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