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Cryptocurrency company Circle to go public in SPAC deal

TechCrunch

But the company later pivoted to create a social payments app. Circle became a sort of Venmo clone with some blockchain technology under the hood. The media certainly classified us that way because we were involved with the technology. In 2017 and 2018, the company pivoted once again to focus on cryptocurrencies.

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6 Tech Trends that will reshape Media & Entertainment in 2021

Trigent

By 2024, Over-the-top (OTT) media revenue is predicted to touch $158.84B that’s more than double the $67.8B revenue that was generated in 2018. Here’s our take on 6 technology trends that will influence the media and entertainment world this year. Content streaming is at an all-time high amidst the lockdown.

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Snap acquires location data startup StreetCred

TechCrunch

StreetCred is building a blockchain-based marketplace for location data. When I spoke to Meech in 2018, he said his goal was to “open up and decentralize” location data by building a blockchain-based marketplace where users are rewarded for helping to collect that data.

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The Week’s 10 Biggest Funding Rounds: Scale AI’s Massive $1B Deal Leads Slower Week

Crunchbase News

Nevertheless, the week saw a $1 billion round go to yet another AI startup, and biotech and blockchain also saw some big deals. Farcaster , $150M, blockchain: Is Web3 funding back? It saw a little pickup in Q1 , and more rounds like this will help, as Web3 social media platform Farcaster raised a $150 million round led by Paradigm.

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3 ways to beat the competition and stay ahead in the Media and Entertainment industry

Trigent

The media and entertainment sector saw quite a few changes with respect to content development, aggregation, and delivery as major players in the business adopted new strategies and agile approaches to leverage the changing consumer demands. billion in 2018. Technologies to spur growth. The focus is now on digital transformation.

Media 98
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Chipper Cash gets $2B valuation with $150M extension round led by FTX

TechCrunch

Serunjogi founded Chipper Cash with Maijid Moujaled in 2018 to offer a no-fee peer-to-peer cross-border payment service in Africa via its app. Chipper Cash has also been busy tapping into the world of social payments. The social media company integrated with some payments platforms to make it accessible in different regions.

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The Biggest Digital Transformation Must-Haves for 2019

Hacker Earth Developers Blog

Blockchain technology. Blockchain started as a way to track cryptocurrency trade on the deep web. Since then, blockchain has been repurposed into a business-centric technology. Recent data shows that 90% of banks across North America and Europe continue to experiment with blockchain implementation.