Jeff Bezos Loses NASA Lawsuit and Rolling Stone Teams Up With Bored Ape Yacht Club in This Week’s Business and Crypto Roundup

Many producers are beginning to appear a recovery despite the challenges before every little thing put introduced on by the pandemic. Some companies, particularly ones that focused efforts on rising e-commerce ventures, bear even seen profits upward thrust even increased than earlier than.

HYPEBEAST has rounded up the tip industry and crypto tales of the week so that it’s possible you’ll even assign in the be taught about developments across industries.

Industry

1. Elon Musk equipped to sell $6 billion USD of Tesla inventory to ‘solve world hunger’

Final month, David Beasley, the director of the United International locations‘ World Food Program challenged Musk to donate a part of his wealth to abet alleviate the enviornment hunger crisis on Twitter. Musk answered on Twitter, offering to sell $6 billion USD value of Telsa shares if the UN’s World Food Program can describe exactly how the funds would “solve world hunger.”

If WFP can describe on this Twitter thread exactly how $6B will solve world hunger, I may sell Tesla inventory lawful now and enact it.

— Elon Musk (@elonmusk) October 31, 2021

2. Airbnb reports surge in Q3 revenue by 280%

Airbnb reported that 79.7 million nights and experiences had been booked in Q3. This quarter noticed Airbnb hit its perfect-ever revenue and ranking earnings despite frightful-border and metropolis dart back and forth no longer returning to pre-pandemic phases upright but.

3. Fb is shutting down its facial recognition map

Fb launched that it will be shutting down its Face Recognition machine and may presumably well no longer robotically name folks in photos and movies. As segment of the alternate, extra than a billion folks’s person facial recognition templates will be deleted from the company’s records programs.

4. Jeff Bezos’ Blue Origin lost its lawsuit in opposition to NASA over the billion-dollar lunar landing contract

The U.S. Court of Federal Claims ruled in opposition to Jeff Bezos’ Blue Origin put company in its make clear to have interaction a multi-billion dollar NASA put contract. Share of the put company’s Artemis program, the winning company will salvage to ranking the first industrial human lander that will ultimately land two folks on the moon.

No longer the determination we wished, however we appreciate the court docket’s judgment, and need stout success for NASA and SpaceX on the contract. pic.twitter.com/BeXc4A8YaW

— Jeff Bezos (@JeffBezos) November 4, 2021

5. Meta got virtual reality fitness developer Supernatural

While monetary small print of the contemporary deal haven’t been disclosed, the VR fitness subscription provider will operate below Meta. Supernatural’s CEO Chris Milk will furthermore be joining, pointing out that the acquisition will give his firm “extra sources to amplify.”

Crypto

1. Ethereum and Solana reached all-time highs 

Ethereum reached an all-time excessive of $4,674 USD on Wednesday whereas Solana soared to a narrative $247 USD, in accordance to Coingecko. A couple of authorized coins bear hit all-time highs in contemporary weeks, including Bitcoin and memecoin Shiba Inu.

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— ethereum.org (@ethdotorg) November 3, 2021

2. Binance is working to search out the ‘Squid Sport’ crypto scammers

Cryptocurrency alternate Binance has launched that it’s investigating a scam attractive a Squid Sport-impressed digital coin known as SQUID, which stole thousands and thousands from its traders. Binance mentioned that its security group has since launched an investigation into the topic “as a formulation to ticket our toughen for the wider crypto crew.”

3. Crypto traders purchased a $250,000 USD dice that they can touch as soon as a Three hundred and sixty five days

A collective of anonymous traders spent $250,000 USD value of cryptocurrency on an NFT granting the capacity to create a outing to Willowbrook, Illinois as soon as a Three hundred and sixty five days for a supervised consult with with a 2,000-lb tungsten dice. The owners will be able to appear, describe and touch the approximately 14-sprint forbidden dice, which is at the 2d a authorized meme in the crypto world, on their annual consult with.

Extraordinarily proud to boom that the @Tungsten_DAO has got the 14.545 sprint Tungsten dice, which weighs 2000 lbs, for 56.9 ETH.

The dice will live at @MTS_Store’s manufacturing facility until the NFT illustration of it’s burnt, which may predicament off offer of the dice thru freight. pic.twitter.com/7odYbzio5v

— VincentVanDough (@Vince_Van_Dough) November 1, 2021

4. NFT platform Bitski teamed up with streetwear ticket PLEASURES for virtual capsule

Bitski teamed up with streetwear stamp PLEASURES for a capsule series titled “WAGMI” — a crypto time-frame rapid for “We’re All Gonna Model It.” The series, level-headed of a hoodie, cap and dog stamp necklace, parts holographic accents and heavily parts the WAGMI acronym across its digital pieces.

5. Rolling Stone featured a Bored Ape Yacht Membership NFT on its digital duvet

Rolling Stone launched its first-ever digital duvet NFT created in partnership with Bored Ape Yacht Membership (BAYC). The newsletter and BAYC will mint a digital duvet image as an NFT, and may presumably well lend a hand as one of two pieces from the collaboration that utilizes Rolling Stone’s logo.

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