My Metaverse Minute

Tinder Parent Company Scales Back Metaverse Business Plans

Kieron AllenBy 1 Min Read
Acceleration Economy Metaverse

In Episode 131 of My Metaverse Minute, Kieron reacts to news from Match Group, Inc. and the company’s plans to pause Metaverse investment after suffering recent losses.

Highlights

00:00 — The owners of dating app Tinder, Match Group, Inc., plan to scale back the company’s Metaverse business plans due to significant losses.

00:33 — Uncertainty in the Metaverse market is unavoidable while future Metaverse business models are still in development.

00:51 — The company will also hold back on releasing its own cryptocurrency for the time being.

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Kieron Allen

Cloud, AI, Innovation
Cloud Wars analyst

Areas of Expertise
  • Business Apps
  • Cloud
  • Cybersecurity
  • Data

Kieron Allen is a Cloud Wars Analyst examining innovations in, and the future impact of, the latest AI, cloud, cybersecurity, and data technology developments. In his ongoing analyses and video reports, Allen focuses on the platforms, applications, people, and ideas that will mold our digital future. After serving as the Online Editor for BBC Sky at Night Magazine and as the Editorial Assistant for BBC Focus Magazine, Kieron became a freelance journalist in 2015 where his focus on the business technology market became a key passion. Kieron partners with technology start-ups and organizations that share his interests in science, social affairs, non-profit work, fashion and the arts.

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