Alibaba has announced plans to voluntarily change its secondary listing status on the Hong Kong Stock Exchange to a primary listing, effective Aug. 28. The Hangzhou-based technology behemoth will have a dual primary listing on the HKEx and the New York Stock Exchange. The switch would enable Alibaba to tap into a pool of 220...Read More
In this week’s tech news, StockX fights online crime while IBM says gen AI can be used in product development… Stopping the Spread of Fake Sneakers StockX, which describes itself as the “current culture marketplace,” issued a new report spotlighting the company’s latest verification metrics. This is the third annual report issued by the company,...Read More
VIRTUALLY MOVING IN: Paris and Rome-based creative agency Al Dente has scooped up some of the hottest real estate of 2021 — a plot in the metaverse known as The Sandbox. Heralding the metaverse as “the next promised land for luxury brands after China” in a statement announcing the acquisition, the agency plans on leveraging...Read More
As brands and retailers look to the future, a new frontier, called the Metaverse, holds opportunities that are largely unknown. Now at a tipping point, some experts project this new reality of virtual goods, gaming and entertainment could represent more than $82 billion by 2025, with consumers already showing interest and a sure comfort to...Read More
