Here are the top trending news from the world of technology. News that every tech enthusiasts should know.
1)
Meta starts testing monetization tools for its metaverse platform
We all know that Mark Zuckerberg’s Meta is currently busy in developing and creating the futuristic technology ‘Metaverse.’ Now in a important development in this direction, Meta has started testing monetization tools that will let creators to make pretty handsome money from Horizon Worlds. For all those who don’t know, Horizon Worlds is nothing but Meta’s very own social metaverse platform bult for its Quest VR headset. Creators can literally develop any virtual items in the Horizon Worlds, from expensive jewelry, fancy cars to a simple basketball. These products will be then sold to whosoever is interested in buying them. According to reports, Meta will take 25 percent cut from profit generated after the sale of the virtual products. As of now, only select users over the age of 18 in U.S. and Canada are allowed to buy virtual products in the Horizon Worlds.
2)
Bitcoin’s price crashes below $40K mark in the global crypto market
Bitcoin, the world’s most popular cryptocurrency, witnessed a heavy crash in its price on Monday. Bitcoin’s price dropped by nearly 7% and its price is currently hovering near $39,416. This is the first time that Bitcoin’s price have crashed below the psychological mark of $40,000 since March 16th. But Bitcoin was not the only crypto that witnessed price drop during Monday’s trading. Almost all leading cryptos including Ethereum and Dogecoin saw their prices crashed during Monday’s trading. According to reports, Ethereum’s price crashed by 6% and is currently trading below $3000. Analysts claims that crypto market is concerned about the tighter & strict monetary policies that America’s Federal Reserve is likely to announce in the coming months.
3)
Elon Musk is not joining Twitter’s board
In a very interesting development that took everyone by surprise, Elon Musk has decided to drop out of Twitter’s board of directors team. This news was revealed by Twitter’s CEO Parag Agarwal on his Twitter handle. Agarwal said that Musk took the decision of not joining Twitter’s board all by himself. However, following the latest development, speculations are rife that Musk is no longer bonded by the rule of limiting his stake to 15% in the microblogging company. Media reports claim that Tesla CEO is now free to buy bigger stake in Twitter, with many people fearing that this might lead to a hostile takeover of the microblogging company.
4)
Netflix is rolling out Two Thumbs up button, which is Netflix’s version of ‘super like’
Streaming giant Netflix is all set to add a new button to its platform. This new button will compromise of ‘two thumbs up’ buttons. These two thumbs up buttons will add to the Netflix’s existing thumbs up and thumbs down button. Now the entire idea of behind adding these two thumbs up button is that Netflix wants to curate its homepage with even better recommendations for all its viewers. Netflix basically wants to tell its viewers that there is a content that has been really liked and highly requested – a content that they should not be missing at any cost. The new two Thumbs up buttons can be found next to the Thumbs Up and Thumbs Down button and will be available on all devices.
5)
Iran plans to roll out Crypto Rial
Iran is planning to soon launch digital rial, which will be completely a digital currency. Iran’s central bank will soon run a pilot project before launching digital rial on a full-fledge basis. However, Iran has categorically said that it still doesn’t recognize cryptocurrency as a legal tender and its Digital Rial won’t compete with global cryptos like Bitcoin and Ethereum.