After unprecedented revenue growth last year, digital platforms including Alphabet Inc, Meta Platforms Inc, Snap Inc and Twitter Inc now face a sobering reality as pandemic-driven advertising trends dissipate, according to an analyst report on Thursday. Research firm MoffettNathanson cut its 2025 revenue estimates for each of the four companies by double-digit percentages. Alphabet, the largest digital advertising platform in the world, posted record revenue of $257 billion that year.
OnlyFans founder Tim Stokley is getting into the web3 game with a new NFT startup, Zoop, launching this summer. On Zoop, people can buy, sell, and trade 3D NFT "playing cards" of their favorite influencers and celebrities. The limited-edition digital cards on Zoop will be officially licensed, according to the company, though it wasn't clear whether the celebrities themselves would be directly involved in their creation.
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