📌 Metaverse real estate sales top $500 million, and are projected to double this year. So far, real estate sales have been concentrated on the “Big Four” — Sandbox, Decentraland, Cryptovoxels and Somnium.
📌 Sony to buy video game maker Bungie in $3.6 billion deal as industry consolidation heats up. Bungie is behind the multiplayer shooter games Destiny and Halo, the latter of which it developed until 2010. Technology companies are increasingly interested in gaming as they look to expand audiences and prepare for future iterations of virtual- and augmented-reality devices.
📌 China plans crewed moon mission, tourism and Jupiter exploration in space race with the U.S.. China has had some notable space successes in the past few years including launching an uncrewed mission to Mars and beginning construction of its own space station.
📌 Covid-19’s Economic Fallout Batters Latin America. The region is bracing this year for rampant inflation, low growth and high interest rates that spell hardship for tens of millions of people in poverty as businesses struggle to survive.
📌 Bond Market Hints at Calm After Disruptive Selloff. Yields on longer-term U.S. government bonds have shown signs of stabilizing in recent days, easing the pressure generated on stocks by their rapid early-year climb.
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