What Every Crypto Buyer Should Know About OpenSea, The King Of The NFT Market

Startups are supposed to specialize, but OpenSea’s founders thrived by building a wide-open market for creating and trading all manner of NFTs, whether art, music or gaming. Now that they’re centimillionaires and poised to become billionaires, they have other worries: competitors, fraudsters and the next crypto crash.

In March 2020, as Covid-19 began to spread, OpenSea founders Devin Finzer and Alex Atallah held a gut-check phone call. Their five-person startup had built a platform on which users could create, buy and sell all sorts of nonfungible tokens (NFTs)—computer files used to track ownership of unique digital assets like art and music on a ledger known as a blockchain. Yet 26 months after going live, they had just 4,000 active users doing $1.1 million in transactions a month, which translated (given OpenSea’s 2.5% sales commission) to a paltry $28,000 in monthly revenue.

The NFT market had a “dead feeling,” recalls CTO Atallah, who conducted his side of the call from the basement of his parents’ Colorado home, where he had gone to work as New York locked down. Ominously, Rare Bits, a direct and better-funded competitor, had just announced it was folding. The pair set a do-or-die goal of doubling business by the end of the year—and met it in September.

Finally, in February 2021, the NFT market roused from hibernation—and went crazy. In July, OpenSea processed $350 million in NFT trades. That same month, in a round led by Andreessen Horowitz, it raised $100 million in venture capital at a $1.5 billion valuation. In August, as NFT hype (and FOMO) reached a fever pitch, volume spiked tenfold to $3.4 billion—an $85 million commission windfall for OpenSea in a month when it likely burned less than $5 million on expenses.

Although transactions have since retreated to around $2 billion a month, the platform now has 1.8 million active users and a dominant share of the market. It’s up to 70 employees and is scouting for dozens more, including much-needed customer service reps.

Recently, there’s been talk of another round of venture investment at a valuation that could reach $10 billion. With a 19% ownership stake each, CEO Finzer, 31, and Atallah, 29, are centimillionaires on the cusp of becoming crypto’s newest billionaires.

Yet Atallah was humble as he chatted in November at a restaurant in New York’s kitschy new Margaritaville Resort Times Square, sitting near its 32-foot Statue of Liberty replica, which hoists a cocktail instead of a torch. He was there for the third annual NFT.NYC convention, which boas­ted 5,500 registrants with 3,000 on the waiting list. Young enthusiasts prowled the hotel wearing Bored Ape Yacht Club sweatshirts—a tribute to a collection of 10,000 simian NFTs whose owners treat it as a social club as much as a collectible or investment.

You might say humility was at the heart of Finzer and Atallah’s successful strategy. Some advisors had urged them to specialize in an NFT niche—say, art, gaming or music. But they opted to build a category-agnostic platform because they didn’t think they were prescient enough to predict which NFT types would catch on.

Beyond casting a wide net, Finzer says, OpenSea has thrived simply by “being in the right place at the right time” and listening to users about what they want. The platform tracks NFTs on ethereum and other blockchains, and all purchases are made in crypto. Sellers can opt for a fixed-price or auction format. Artists can reserve a percentage of each resale price. Ultimately, Finzer sees the NFT ownership verification model working for anything from concert tickets to real estate—he’s just not sure what will succeed when. “I’ve always had a pretty gray view of the future,” he says.

Despite its sudden success, OpenSea faces big and varied risks—from fraud and another NFT market bust to new competition. In October, Coinbase, the nation’s largest crypto exchange and an original investor in OpenSea, announced it will launch its own NFT peer-to-peer marketplace. Within weeks, Coinbase had 2.5 million sign-ups for its waiting list, and CEO Brian Armstrong was predicting the new business “could be as bigapproach or bigger” than its core crypto trading business.

OpenSea’s open-market approach heightens the risk of counterfeits, scams and fraud—just ask Amazon or eBay. For example, a scammer can copy an image of someone else’s art and sell it as an NFT on OpenSea. Finzer says the site is working on an automated way to spot fakes and has moderators who investigate suspicious offerings. Still, people can present problems too.

In September, Finzer requested the resignation of OpenSea’s head of product after Twitter users discovered a crypto wallet linked to that executive was buying NFTs shortly before they appeared on the price-moving OpenSea home­page—in other words, he was allegedly frontrunning his own employer’s decisions.

While they come across as humble, OpenSea’s founders are hardly low on ambition. Raised in the Bay Area by a physician mom and a software engineer dad, Finzer says he was “devastated” to be rejected by Harvard, Stanford, Princeton and Yale. (He settled for Brown.) After a short stint as a Pinterest software engineer, he cofounded his first startup, Claimdog, in 2015 and sold it to Credit Karma a year later.

As a kid, Atallah, the Colorado-born son of a Colombian-immigrant father and American mother, made spreadsheets to compare the attributes of everything from birds to brow­sers. After graduating from Stanford, he worked as a programmer before teaming up with Finzer. In January 2018 they entered the Y Combinator startup accelerator with an idea for paying users crypto to share their Wi-Fi hotspots.

But at that point, CryptoKitties—the cartoonish virtual cats whose ownership records were digitally inscribed on the ethereum blockchain—had captured the public imagination. “It was the first time people who didn’t really care about crypto were suddenly getting interested in it for reasons other than flipping a coin. I thought that was really powerful,” Atallah says. They quickly pivoted to OpenSea and later moved their operation to New York City.

Much like Beanie Babies, their cloth-and-stuffing ancestors, CryptoKitties turned out to be duds as investment-grade collectibles—the supply was too great to make most of them worth much. After spiking in early 2018, interest in both crypto and NFTs went into hibernation.

What awakened the market in early 2021 wasn’t OpenSea’s doing. Instead, platforms like the billionaire Winklevoss twins’ Nifty Gateway captured attention with curated, high-quality art. Last March, Christie’s auctioned the NFT for digital artist Beeple’s “Everydays: The First 5000 Days” for $69 million, the third-highest price ever paid for work by a living artist.

As NFTs fetched eye-popping prices, more and more ordinary folks decided they too wanted to become creators, collectors or speculators—and turned to OpenSea, with its anyone-can-be-an-artist ethos, built-in secondary market and handy features. For instance, the site has an advanced filtering system so users can find NFTs with the rarest—and theoretically most valuable—attributes.

(Only 46 Bored Apes have solid-gold fur, and they command a hefty premium.) When a new NFT is created and recorded on ethereum, the site automatically spawns a webpage displaying it—a nice feature as NFTs became a status symbol, with people sharing their OpenSea pages and changing their Twitter profile pictures to an NFT they own. “It became this circular feedback loop, driven by envy and desire. And OpenSea really captured that market,” observes Richard Chen, a partner at VC firm 1Confirmation and an early OpenSea investor.

Dani, 27, a former fashion designer living in Georgia, has turned a $17,000 investment in NFTs like the World of Women into a portfolio worth $715,000. AJ, a 37-year-old former gaming company CEO from North Carolina, put less than $10,000 into NFTs and now values his digital assets at $1.3 million. He recently convinced his gastroenterologist brother to start buying NFTs.

The brother, in turn, hooked his own buddies. “They’re pretty much doing colonoscopies and then checking their phones for new NFT drops,” AJ says. Sounds like a bubble, all right, raising the question of how OpenSea will fare when it bursts. Responds Finzer: “We have a large amount of padding in case we need to weather a winter.”

Follow me on Twitter or LinkedIn. Check out my website. Send me a secure tip.

I lead our fintech coverage at Forbes and also cover crypto. I edit our annual Fintech 50 list and 30 Under 30 list for fintech, and I’ve written frequently about leadership and corporate

Source: What Every Crypto Buyer Should Know About OpenSea, The King Of The NFT Market

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The Wacky Meditation Tool That Serial Entrepreneur Rob Dyrdek Swears

Rob Dyrdek takes a measured approach to his daily activities. The serial entrepreneur and venture studio founder, who happens to also host MTV’s hit show Ridiculousnessa comedy show featuring famous guests like Kylie Jenner–says he schedules out nearly every minute of every day on his calendar, with the goal of maximizing his time and energy.

To wit, Dyrdek organizes his calendar by categories and subcategories, like time with his wife or kids, hitting the gym, brain training, and work. He also wakes up every day and rates from 0 to 10 how he slept, how motivated he feels, and how he felt about various aspects of the previous day, like his life, work, and health. All of this data gets scraped together and aggregated into dashboards, using a program that he paid someone to build.

With that insight, he says, you can move things out of your life you don’t like doing and focus on what makes you happy. “It’s all about how much can you automate and systematize in your existence in order to really live as light as possible,” he says.

What else helps? A little dome time. At 6:30 a.m. almost every day Dyrdek says he spends about 20 minutes time in a Somadome, a large meditation pod that uses colors and binaural beats that play through a headphone (essentially sound therapy) set to help you relax. You climb in, pull down the door, and then choose ambient noise or a specific meditation session like “love” or “heal.”

Dyrdek discovered the pod in January 2018, when a friend told him about it, and his children’s health specialist offered to connect him with the company’s CEO, Sarah Attia. At that time, Dyrdek was unsure of how to tackle a meditation practice, despite the long list of potential benefits. “It just was so ominous a mountain that I wasn’t ready to climb,” he says. “As soon as I wake up, I go. So it’s hard for me to even think, how am I ever going to get myself into a meditative state.”

The Somadome, along with Dyrdek’s other life optimization techniques, he says, makes it easier–especially when meditation has become so useful for helping him reach his goals. In 2018, Dyrdek was negotiating a TV deal for Ridiculousness and was hoping to bolster an eventual sale of his production company, Superjacket Productions, by maximizing the number of episodes slated for the show. During the negotiations, he would sit in his Somadome and visualize how it would feel to stand on stage and say, “Welcome to Season 30.”

He landed on a deal with an “unprecedented” 500-episode order that would mean he’d finish the show in season 30. “So I can’t tell you that the dome did it, but I had clarity,” he says, adding that entrepreneurs often underestimate the extent to which mental precision can help them both design their lives and evolve their businesses. In late 2019, Thrill One Sports & Entertainment acquired Dyrdek’s portfolio companies Superjacket Productions and Street League Skateboarding.

For Dyrdek, the best part about the Somadome is the various features that make difficult things, like remaining calm and clear about what you want out of life and meditating consistently, easy. He paid $25,000 for the device when he bought it and says he’s used it almost daily since. “It’s paid for itself a thousand fold,” he says. A smaller and less expensive version–about $4,000–will soon become available to consumers, according to the company.

By Gabrielle Bienasz

Source: The Wacky Meditation Tool That Serial Entrepreneur Rob Dyrdek Swears By | Inc.com

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Sign up for FREE ezineHandbook contents 5. Editor’s letter: Time to shine 12. Spa Foresight 26. Development Pipeline 68. Industry insights: Industry Predictions 102. Industry insights: The Future of Spa Design 126. Industry insights: Future-Proofing Wellness Design 130. Industry insights: Best of Both Worlds 136. Industry insights: The Colour of Spa 138. Industry insights: Nature & Well-Being 142. Industry insights: Adapting to a post-COVID world 144. Industry insights: Well Rated 148. Industry insights: Future Shock 150. Industry insights: Eating Well 154. US Research: Manner of Speaking 158. UK Research: New Perspectives 162. Global Research: Rest & Relaxation 166. Global Research: The Wellness Effect on Real Estate 170. Global Research: Matter of Minds 174. Global Research: All Booked Up 178. Asia Research: Luxury Travel in the Post COVID-19 World 182. Consultant profile: bbspa_Group 184. Consultant profile: Blu Spas, Inc. 186. Consultant profile: Devin Consulting 188. Consultant profile: Global Project & Spa Advisory 190. Consultant profile: Impact Business Health & Wellbeing 192. Consultant profile: ISM SPA 194. Consultant profile: Robert D Henry Architects 196. Consultant profile: Spa Bureau 198. Consultant profile: The Wellness 200. Spa consultancies & franchises: Contract Management 202. Spa consultancies & franchises: Spa Consultants 211. Spa consultancies & franchises: Spa Franchises 214. Products & services: Company Profiles 304. Products & services: Spa-Kit 312. Products & services: Contact Book 384. Listings: Spa Training Directory 396. Listings: Spa Course Selector 407. Listings: Trade Associations 410. Listings: Events CalendarCompany/Consultancy profiles Aquaform Art of Cryo Barr + Wray Ltd bbspa_Group BC SoftWear Ltd Beltrami Linen S.r.l. Bioline Jatò Blu Spas, Inc. Booker by Mindbody Circadia Comfort Zone Concept Spa & Golf Crown Sports Lockers (UK) Ltd Devin Consulting Dröm UK Ltd Gharieni Group Global Project & Spa Advisory Impact Business Health & Wellbeing IONTO Health & Beauty GmbH ISM SPA Iyashi Dome J Grabner GmbH Kemitron GmbH KLAFS GmbH & Co KG Lemi Group Living Earth Crafts Matrix MCCM Medical Spa Oakworks Inc Phytomer Red Light Rising Ltd ResortSuite RKF Luxury Linen Robert D Henry Architects Soleum Sothys Paris Spa Bureau Spa Vision Starpool TAC | The Assistant Company TechnoAlpin Thalion Laboratories The Wellness TylöHelo Unbescheiden GmbH Universal Companies Vinésime VOYA WDT Werner Dosiertechnik GmbH & Co. KG Wellness Solutions Yon-Ka Zenoti Zimmer MedizinSysteme GmbH
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With Toyota’s Help, This Secretive Entrepreneur May Finally Give Us Flying Cars

JoeBen Bevirt first thought about building an airplane that could take off and land like a helicopter in second grade while trudging up the 4.5-mile road to his family’s home in an off-grid hippie settlement among the redwoods in Northern California. “It was a lonnnnng hill,” Bevirt says, laughing. “It made me dream about a better way.” 

Four decades later, Bevirt is closing in on that goal. On a ranch outside Santa Cruz, the surfing mecca near where he grew up, Bevirt has secretively developed an electric airplane with six tilting propellers that he says can carry a pilot and four passengers 150 miles at up to 200 miles per hour, while being quiet enough to disappear among the hum of city life. He envisions the as-yet-unnamed aircraft, which experts speculate could cost $400,000 to $1.5 million to manufacture, as the foundation for a massive rooftop-to-rooftop air-taxi network—one he plans to build and run himself. His aspiration is to free urbanites from snarled roads and save a billion people an hour a day at the same price (he hopes) as an UberX ride, or roughly $2.50 a mile. 

It sounds crazy, but Bevirt, 47, has some powerful believers. Toyota pumped roughly $400 million into his Joby Aviation in January, joining investors including Laurene Powell Jobs’ Emerson Collective and Jeff Skoll’s Capricorn Investment Group, the latter of which was also an early Tesla backer. In all, Joby has raised $745 million, most recently at a valuation of $2.6 billion. Toyota CEO Akio Toyoda told Bevirt he hopes, through Joby, to realize the flying-car dreams of his grandfather Kiichiro, Toyota Motors’ founder, who developed aircraft before World War II. Toyota engineers are refining components of Joby’s aircraft to make it easier to build on a mass scale more akin to the auto industry than aviation, and helping Bevirt set up a factory in Monterey County where he plans to produce thousands of aircraft a year.

Joby is the best-funded and most valuable of an explosion of startups leveraging advances in batteries and electric motors to try to wean aviation off fossil fuels and create new types of aircraft, including autonomous ones, to serve as air taxis. No one knows how big the industry could get—or if it will get off the ground at all—but Wall Street is spitballing some big numbers. One report from Morgan Stanley estimates the category could generate $674 billion a year in fares worldwide by 2040. 

“If we can fly, we can turn our streets into parks and fundamentally make our cities much nicer places to live in,” Bevirt says. 

Dreamers have been trying (and failing) to build flying cars for 100 years. Skeptics think Joby and its competitors are still at least a decade too early: Today’s best batteries pack 14 times less usable energy by weight than jet fuel. Given how much brute power is needed to propel an aircraft straight up, they say, until batteries improve, electric air taxis will have too little range and carrying capacity to make business sense. Then there’s the tough task of convincing regulators they’ll be safe to fly. 

Bevirt says he can produce a viable, safe aircraft now with top-of-the-line lithium-ion battery cells that currently power electric cars. And Joby is the only startup to commit to Uber’s ambitious timeline of launching an urban air-taxi service in 2023. Bevirt says he’s on track to win safety certification from the Federal Aviation Administration that year, which would likely make Joby the first electric air-taxi maker to clear that daunting hurdle. 

Bevirt was raised in a back-to-the-land community in which he got an early education in engineering, helping fix farm equipment and building homes alongside his father, Ron Bevirt, who was one of the LSD-tripping Merry Pranksters back in the 1960s. (JoeBen is named after a character in Sometimes a Great Notion, written by Pranksters ringleader Ken Kesey, famous for One Flew Over the Cuckoo’s Nest.

As an adult, Bevirt re-created that community with a decidedly capitalistic twist on his secluded 440 acres of woodlands and meadows overlooking the Pacific. The sprawling property, which he purchased with the proceeds from selling earlier businesses—Velocity11, which built liquid-handling robots used for testing potential drugs, and the company behind GorillaPod, a flexible camera tripod—includes a former quarry where Bevirt conducted early test flights. Employees have lived in small cottages on the property and built houses nearby. Before locking in on developing an aircraft, he incubated other startups there, with everyone working together in a cavernous barn. Bevirt started an organic farm to feed them, with chickens and bees yielding eggs and honey. 

The environment bred a tight-knit team – some Joby Aviation staffers start their day surfing together and end it with pizza parties around an outdoor oven. Group meetings are punctuated by choruses of “woots.”

“It’s a high-fiving, hugging culture, and that really flows from JoeBen,” says Jim Adler, managing director at Toyota AI Ventures, who convinced his colleagues to invest in Joby in 2017. “He’s high-energy, and it’s contagious.” 

While Joby is participating in Uber’s aerial ride-sharing plans, a big part of Bevirt’s business model involves running his own ride-sharing network. That helped attract investors. “If it was just a vehicle, I would not have been moved to invest if there wasn’t a service wrapped around it,” Adler says. 

Building the required landing pads, booking software and other infrastructure, though, will require a lot more cash—and patience—from investors. Joby has no plans to sell its aircraft outside of building its own fleet, further delaying the day when investors can recoup the billions that will likely be needed to scale up. 

Joby’s five-seat design boosts its revenue potential for ride sharing compared to the smaller, more mechanically simple two-seat multicopters being developed by Germany’s Volocopter and China’s EHang. The downside of Joby’s size: weight. A big part of that heft comes from the batteries, and it’s unclear if they’ll have enough juice to do the job, according to modeling by the lab of Carnegie Mellon battery expert Venkat Viswanathan, based on aircraft specs Bevirt shared with Forbes. 

For Joby to achieve the 150-mile range it says the 4,800-pound gross weight aircraft is capable of (but has yet to achieve in flight testing), plus FAA-required reserves, Viswanathan’s team estimates it needs a 2,200-pound battery pack. Subtracting 1,000 pounds for five passengers leaves only 1,600 pounds for the airframe, seats and avionics—a slim 33% of gross weight. That’s 35% lower than any certified production airplane. The upshot: Either Joby has built an unprecedentedly light and efficient airframe, as Bevirt maintains, or its range will turn out to be lower. (For more details on Joby’s batteries, click here.) Another concern: Getting approval from the FAA might require safety tweaks that weigh it down. 

“What we’re doing, it’s an insanely hard undertaking,” Bevirt says. “Not only the technical challenge of the aircraft [but] then changing the way everyone on Earth moves around on a daily basis.”  

See also: ‘Has Joby Cracked The Power Problem To Make Electric Air Taxis Work?’

Get Forbes’ daily top headlines straight to your inbox for news on the world’s most important entrepreneurs and superstars, expert career advice, and success secrets.

Joby’s five-seat design boosts its revenue potential for ride sharing compared to the smaller, more mechanically simple two-seat multicopters being developed by Germany’s Volocopter and China’s EHang. The downside of Joby’s size: weight. A big part of that heft comes from the batteries, and it’s unclear if they’ll have enough juice to do the job, according to modeling by the lab of Carnegie Mellon battery expert Venkat Viswanathan, based on aircraft specs Bevirt shared with Forbes. 

For Joby to achieve the 150-mile range it says the 4,800-pound gross weight aircraft is capable of (but has yet to achieve in flight testing), plus FAA-required reserves, Viswanathan’s team estimates it needs a 2,200-pound battery pack. Subtracting 1,000 pounds for five passengers leaves only 1,600 pounds for the airframe, seats and avionics—a slim 33% of gross weight. That’s 35% lower than any certified production airplane. The upshot: Either Joby has built an unprecedentedly light and efficient airframe, as Bevirt maintains, or its range will turn out to be lower. (For more details on Joby’s batteries, click here.) Another concern: Getting approval from the FAA might require safety tweaks that weigh it down. 

“What we’re doing, it’s an insanely hard undertaking,” Bevirt says. “Not only the technical challenge of the aircraft [but] then changing the way everyone on Earth moves around on a daily basis.”  

See also: ‘Has Joby Cracked The Power Problem To Make Electric Air Taxis Work?’

Get Forbes’ daily top headlines straight to your inbox for news on the world’s most important entrepreneurs and superstars, expert career advice, and success secrets.Jeremy Bogaisky

I help direct our coverage of autos, energy and manufacturing, and write about aerospace and defense. Send tips to jbogaisky[at]forbes.com

Joby’s five-seat design boosts its revenue potential for ride sharing compared to the smaller, more mechanically simple two-seat multicopters being developed by Germany’s Volocopter and China’s EHang. The downside of Joby’s size: weight. A big part of that heft comes from the batteries, and it’s unclear if they’ll have enough juice to do the job, according to modeling by the lab of Carnegie Mellon battery expert Venkat Viswanathan, based on aircraft specs Bevirt shared with Forbes. 

For Joby to achieve the 150-mile range it says the 4,800-pound gross weight aircraft is capable of (but has yet to achieve in flight testing), plus FAA-required reserves, Viswanathan’s team estimates it needs a 2,200-pound battery pack. Subtracting 1,000 pounds for five passengers leaves only 1,600 pounds for the airframe, seats and avionics—a slim 33% of gross weight. That’s 35% lower than any certified production airplane. The upshot: Either Joby has built an unprecedentedly light and efficient airframe, as Bevirt maintains, or its range will turn out to be lower. (For more details on Joby’s batteries, click here.) Another concern: Getting approval from the FAA might require safety tweaks that weigh it down. 

“What we’re doing, it’s an insanely hard undertaking,” Bevirt says. “Not only the technical challenge of the aircraft [but] then changing the way everyone on Earth moves around on a daily basis.”  

See also: ‘Has Joby Cracked The Power Problem To Make Electric Air Taxis Work?’

Get Forbes’ daily top headlines straight to your inbox for news on the world’s most important entrepreneurs and superstars, expert career advice, and success secrets.Jeremy Bogaisky

I help direct our coverage of autos, energy and manufacturing, and write about aerospace and defense. Send tips to jbogaisky[at]forbes.com

Jeremy Bogaisky

I help direct our coverage of autos, energy and manufacturing, and write about aerospace and defense. Send tips to jbogaisky[at]forbes.com

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Santa Cruz Works

JoeBen Bevirt from Joby Aviation at The Second Annual – Titans of Tech on Jan. 25, 2018. http://santacruzworks.orghttp://www.jobyaviation.com Filmed by Bitframe Media – https://www.bitframemedia.com

Verizon Launches Yahoo-Branded Smartphone For $50

Verizon is launching a purple Yahoo smartphone for $50, the first device from the once-ascendant tech company, which comes at a time when Verizon seems to be figuring  out what to do with the former search giant.

With its budget-friendly price point, the Yahoo Mobile ZTE Blade A3Y doesn’t have the latest and greatest specs: The phone will ship with a 5.4-inch 720p display, an Android 10 operating system, 2GB of RAM, 32GB of storage, a fingerprint scanner and face unlock.

Yahoo’s apps will come pre-installed, including Yahoo Mail, News, Sports and Weather.

The phone won’t be able to access Verizon’s newly launched 5G network, which isn’t a surprise considering its low price.

Verizon has already pushed Yahoo into a smartphone industry with Yahoo Mobile, a phone plan launched in March that charges customers $40 for unlimited talk, text and data on Verizon’s 4G LTE network. 

Key Background

Yahoo was a major player in the 90s and early aughts, but it never figured out how to compete with Google, and even turned down an opportunity to buy Google for $1 billion in 2002. Yahoo then acquired Flickr and Tumblr in an attempt to grow past its email and search engine, but even those services were eventually eclipsed by other social media companies. Verizon bought Yahoo in 2017 for 4.83 billion, then a shell of its former self, and put it under its media arm. In its heyday, Yahoo’s market cap reached a whopping $125 billion in January 2000.

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Tangent

Verizon also bought HuffPost and TechCrunch through its acquisition of AOL in 2015. Now, Verizon is trying to sell off HuffPost, but is reportedly struggling to find a buyer. Follow me on Twitter. Send me a secure tip.

Rachel Sandler

 Rachel Sandler

I’m a San Francisco-based reporter covering breaking news at Forbes. I’ve previously reported for USA Today, Business Insider, The San Francisco Business Times and San Jose Inside. I studied journalism at Syracuse University’s S.I. Newhouse School of Public Communications and was an editor at The Daily Orange, the university’s independent student newspaper. Follow me on Twitter @rachsandl or shoot me an email rsandler@forbes.com.

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Boyd Digital: Global Tech News 1.91K subscribers Reported today on The Verge For the full article visit: https://www.theverge.com/2020/3/11/21… Reported today in The Verge. Verizon launches Yahoo Mobile phone service Verizon is launching a Yahoo-branded mobile phone service called Yahoo Mobile in an attempt to use consumers’ total apathy toward familiarity with the Yahoo brand to kickstart a new wireless provider.

Yahoo Mobile works off of Verizon’s network and offers only one plan: unlimited LTE data for $40 per month, plus throttled tethering and a subscription to Yahoo Mail Pro. It’s a good price; Verizon charges $65 per month for a prepaid unlimited plan, and AT&T charges $45 per month. If this all just feels like a lazy attempt to recycle the Yahoo brand, well, it gets worse: Yahoo Mobile is basically just a rebranded version of Visible, which is another spinoff phone service operated by Yahoo.

The singular plan is the same, their websites match up beat for beat, and Yahoo Mobile even offers Visible’s phone insurance plan under Visible’s name. Verizon closed its purchase of Yahoo close to three years ago. The deal included the Yahoo brand and major web services like Flickr and Tumblr. But Verizon was mainly interested in Yahoo’s ad technology, and it’s done little with Yahoo.

Both Flickr and Tumblr have since been sold off, and Yahoo’s biggest announcements have been payouts for data breaches. Spinoff carriers like Yahoo Mobile and Visible let Verizon diversify its business and test out new ways of selling wireless service. Verizon isn’t exactly a beloved brand, but Visible has hip branding and a simple pricing structure – something that might appeal to younger customers. Yahoo Mobile offers another take on that, just with the extremely appealing added perk of… subscription Yahoo Mail.

Japanese Supercomputer Shows How Coronavirus Spreads In A Dining Setting

Earlier this month, the Centers for Disease Control and Prevention (CDC) revised its guidance to say that the Covid-19 virus can “linger in the air for minutes to hours” and occur between people spaced more than six feet apart.  

This followed a CDC study last month that found that adults with Covid-19 were twice as likely to have dined out at a restaurant within two weeks prior to being infected.

A new simulation from the Fugaku supercomputer in Japan demonstrates how the seating arrangement can make a difference to how easily the coronavirus is transmitted to dining companions at the same table. Recommended For You

Japanese researchers from Kobe University and the research giant Riken tasked Fugaku, the world’s fastest supercomputer, to model how the coronavirus spreads in a typical dining situation. The simulation shows the emission and flow of aerosol particles when four people are sitting a table and speaking without masks on.

The first takeaway from the Fugaku simulation is that the seating arrangement matters. When an infected individual speaks to dining companions seated across the table, four times as many exhaled aerosol droplets reach the person seated directly across the table compared to the person seated diagonally from the speaker.

The person seated next to an infected person is the most at risk. When an infected person turns his head sideways to speak to the dining companion next to him, that individual is exposed to more than five times the amount of exhaled droplets than the individual directly across the table from the speaker.

This research also implies that diners can further reduce risk by keeping face masks on when conversing before food arrives and after they have finished eating.

“When people with Covid-19 cough, sneeze, sing, talk, or breathe they produce respiratory droplets,” explains the CDC guidance. “These droplets can range in size from larger droplets (some of which are visible) to smaller droplets. Small droplets can also form particles when they dry very quickly in the airstream.”

A second takeaway from the same Japanese research is that humidity levels can have a significant impact on how easily droplets are transmitted. The scientists found that fewer droplets are dispersed when humidity is higher, which suggests that the use of humidifiers in indoor settings may help limit infections if window ventilation is not possible.

Public health experts like Dr. Anthony Fauci, the nation’s top infectious disease expert, have expressed concern about dining in dry, heated indoor environments during the the winter months. “People will be spending more time indoors, and that’s not good for combating a respiratory-borne virus,” Fauci told MSNBC.

Toward that effort, the leaders of New York City and Chicago and other cities are creating initiatives to make outdoor dining a reality throughout the coming winter.

Fugaku is the product of a $1 billion, decade-long mission by several thousand developers from the government-run Riken Center for Computational Science and computer maker Fujitsu. Since the pandemic began, Fugaku has been creating simulations that demonstrate the ease with which the coronavirus spreads in various settings, including on trains, in work spaces and in classrooms.

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Suzanne Rowan Kelleher

Suzanne Rowan Kelleher

I’m always looking for new ways to travel better, smarter, deeper and cheaper, and spend a lot of time watching trends at the intersection of travel and technology. As a longtime freelance travel writer, I’ve contributed hundreds of articles to Conde Nast Traveler, CNN Travel, Travel Leisure, Afar, Reader’s Digest, TripSavvy, Parade, NBCNews.com, Good Housekeeping, Parents, Parenting, Esquire, Newsweek, The Boston Globe and scores of other outlets. Over the years, I’ve run an authoritative family vacation-planning site; interviewed Michelin-starred chefs, ship captains, taxi drivers and dog mushers; reviewed hundreds of places to stay, from stately castles and windswept lighthouses to rustic cabins and kitschy motels; ridden the iconic Orient Express; basked in the glory of Machu Picchu; and much more. Follow me on Instagram (@suzannekelleher) and Flipboard (@SRKelleher).

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Nippon TV News 24 Japan 10.8K subscribers Researchers use the supercomputer Fugaku to simulate how droplets of the novel coronavirus spread. ********************** Subscribe to our YouTube channel: https://www.youtube.com/c/NipponTVNew… Like us on Facebook: https://www.facebook.com/NipponTVNews… ********************** #NipponTVNews24Japan#NTV#日テレ#Japannews#Japanvideo#Japan#Coronavirus#COVID19#Fugaku#Supercomputer#SupercomputerFugaku#coronavirusinfection#Riken#coronavirusresearch#coronavirusdroplet

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