🕋 The Metaverse Is Simply Big Tech, but Bigger
Today’s Picks
The Metaverse Is Simply Big Tech, but Bigger. Like religious prophets, Big Tech luminaries are Âpreaching the coming of the next internet. According to their gospel— blog posts by tech companies and venture capitalists alike—tomorrow's cyberspace will be empyrean… (Cecilia D'Anastasio via WIRED)
Highly Paid Union Workers Give UPS a Surprise Win in Delivery Wars. Dave Helminski will drop off his last package for United Parcel Service Inc. on Christmas Eve 2022 and retire after four decades as a driver in Chicago. He joined UPS after four years in the Marine Corps and a yearlong stint installing carpet. He… (Thomas Black via Bloomberg)
Google Invests $1 Billion in Exchange Giant CME, Strikes Cloud Deal. Alphabet Inc.'s Google has invested $1 billion in futures-exchange giant CME Group Inc. and struck a deal to move the company's core trading systems to the cloud. Under the deal, the technology giant's Google Cloud unit would eventually power… (Alexander Osipovich via Wall Street Journal)
All Those 23andMe Spit Tests Were Part of a Bigger Plan. A few months ago, on the morning 23andMe Holding Co. was about to go public, Chief Executive Officer Anne Wojcicki received a framed sheet of paper she hadn't seen in 15 years. As she was preparing to ring in the Nasdaq bell remotely from the… (Kristen V Brown via Bloomberg)
Instagram brings back Twitter Card preview support for posts. Instagram is bringing back support for Twitter Card previews starting today. Now when users share an Instagram link on Twitter, a preview of the post will be shown in the tweet. Prior to this change, when users posted an Instagram link on Twitter… (Aisha Malik via TechCrunch)
This Founder Raised $30 Million To Cut Through The Red Tape Every Health Startup Hates. Derek Lo acknowledges healthcare administration isn't a particularly sexy topic, but it's mission critical for every digital health startup. Health insurers and hospitals in the U.S. spend more than $800 billion each year on administrative costs. (Katie Jennings via Forbes)
SoftBank's $100 Billion Fund for Startups Pays Too Little to Retain Top Talent. Ever since billionaire investor Masayoshi Son set up the giant Vision Fund in 2017 to provide backing for technology startups, he's struggled with how to compensate his partners. He still hasn't figured out how to keep them happy. Son's company… (Pavel Alpeyev via Bloomberg)
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