Digital land in the metaverse sells for record $2.43M

Digital land in the metaverse sells for record $2.43M

Virtual real estate is on a tear. A plot of virtual land in the online world known as Decentraland sold this week for a whopping $2.43 million, more than double the previous record set for the price of virtual real estate. Decentraland is a popular online environment where users can exchange cryptocurrencies for land and … Read more

UK shoppers face fastest price rises since 1990 in Christmas rush – business live | Business

Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. America’s central bank could wrap up its stimulus programme and raise interest rates earlier than expected, with inflation at a 30-year high and the jobs market improving. The minutes of the Federal Reserve’s most recent meeting, … Read more

NEO: The World Ends With You Has ‘Underperformed Expectations’, Square Enix Says

NEO: The World Ends With You Has 'Underperformed Expectations', Square Enix Says

Square Enix has revealed that NEO: The World Ends With You hasn’t met the company’s early sales expectations, despite being well received by fans and critics alike. In a newly published results briefing covering the first half of the financial year, the company notes that net sales and operating income within its digital entertainment business … Read more

UK factory orders growth hits record but inflation also surges – business live | Business

Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. The Turkish lira has weakened again this morning towards a record low that it hit against the dollar yesterday, after the Turkish president Recep Tayyip Erdoğan signalled that he would not be deterred by rising inflation … Read more