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Money

World Wide Web source code snapped up in major NFT sale

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The original source code for the ‘worldwide web’ has been sold as a non-fungible token, for an eye-watering $5.4 million

World-wide-web creator Sir Tim Berners-Lee has sold the NFT to an unidentified buyer, through a British-owned auction house.

The highest bid stood at $3.5 million for most of the last day of the auction – but an underdog came through in the closing 15 minutes

The profits would go towards causes chosen by Sir Tim and his wife

NFTs are certificates of ownership for digital assets… meaning physical representation isn’t really required.

There’s no copyright control set in stone – and critics say they are get-rich-quick schemes that are bad for the environment.

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Money

Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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