Tech

What is metaverse and why NFTs are key to its massive explosion

Larry Cheng, managing partner at Volition Capital, argued that there is “a bit of a gold rush mentality to NFTs as the fiber and the texture of the metaverse” as he described the space, which is garnering increased interest from traditional companies, including Walmart.

Prosecutors recommend dropping charges against MIT professor

Federal prosecutors are recommending dropping charges against a Massachusetts Institute of Technology professor who was accused last year of hiding work he did for the Chinese government while also collecting U.S. dollars for his nanotechnology research, a person familiar with the decision said Friday.