Former Google ads manager launches ‘Web3’ lookup startup with backing from Coinbase, leading VCs

Former Google ads manager launches ‘Web3’ lookup startup with backing from Coinbase, leading VCs


Essential Factors
  • Sridhar Ramaswamy, who led Google’s promotion organization from 2013 to 2018, has launched a Net3 company termed nxyz.
  • Nxyz trawls blockchains and their related purposes for facts on issues like NFTs and crypto wallets, and then streams it to developers in real-time.
  • The organization raised $40 million in a funding spherical led by crypto-concentrated venture fund Paradigm, with more backing from Coinbase, Sequoia and Greylock.



Resource

Stocks making the biggest moves after hours: HP Inc., Dell Technologies, Urban Outfitters and more
Finance

Stocks making the biggest moves after hours: HP Inc., Dell Technologies, Urban Outfitters and more

Check out the companies making headlines in after-hours trading. HP Inc. — Shares of the computer and printer manufacturer fell more than 5% after issuing disappointing guidance and saying it would cut 10% of its workforce . Fiscal fourth-quarter results beat on the top and bottom line, but the company warned it will need to […]

Read More
Stocks making the biggest moves midday: Abercrombie & Fitch, Nvidia, Coinbase, Symbotic & more
Finance

Stocks making the biggest moves midday: Abercrombie & Fitch, Nvidia, Coinbase, Symbotic & more

Check out the companies making headlines midday. Abercrombie & Fitch — The apparel retailer jumped 33% after posting better-than-expected fiscal third-quarter results, driven by strength at its Hollister brand. Hollister’s sales grew 16%, offsetting a 2% drop at its namesake Abercrombie & Fitch label. For the holiday quarter, the company expects Hollister to continue to […]

Read More
Nvidia name-checks Michael Burry in secret memo pushing back on AI bubble allegations
Finance

Nvidia name-checks Michael Burry in secret memo pushing back on AI bubble allegations

watch now VIDEO3:0903:09 Why investor Michael Burry is shorting AI leaders like Nvidia and Palantir News Videos The fight between Nvidia and one of its loudest naysayers, investor Michael Burry, is escalating. Following the “Big Short” investor’s series of social media posts arguing that the artificial intelligence investment boom is replaying the dotcom bubble from […]

Read More