The company won’t be renewing a lease for more than 250,000 square feet of office space at 30 and 55 Hudson Yards in Manhattan than runs through 2024, according to Bloomberg. The company is cutting back on expenses as it faces increased competition and a tough economy; those cuts included a layoff of 11,000 employees announced earlier this month. But it’s still spending a lot on the metaverse.
On Monday, Elon Musk said Apple has “mostly stopped advertising” on Twitter, and that could be a pretty big deal.
Apple had been spending “well above” $100 million per year on Twitter, according to Bloomberg. In the first quarter of this year, Apple spent $48 million in ads on the platform, The Washington Post reports. Apple joins a lot of other advertisers in pulling back.
[Bloomberg.com]
Nintendo will debut the second trailer for The Super Mario Bros. Movie on Tuesday at 5PM ET / 2PM ET. Alongside the announcement, Nintendo also shared a first look at what appears to be the inside of Princess Peach’s castle. You can hang out in the YouTube waiting room right now.
I’m hoping the trailer features as little of Chris Pratt’s boring Mario voice as possible and instead focuses on Jack Black’s Bowser.
In an earnings call on Monday, CDPR joint CEO Adam Kiciński shared the timetable and said that the remake will rely on technologies from “Polaris,” which we already knew will be built using Unreal Engine 5. But given that Polaris is expected to be at least three years away, you shouldn’t expect to play the remake anytime soon.
The now-collapsed cryptocurrency exchange FTX raised $420 million in a big funding round in October 2021, but $300 million of it went to founder Sam Bankman-Fried, according to The Wall Street Journal.
He apparently sold some of his stake in FTX to get that much, but it still meant he got a lot of money that investors probably wanted to go directly into the company.
