Tag Archives: Web3

Former Google ads boss raises $40 million for ‘Web3’ search startup

Former Google ads boss raises $40 million for ‘Web3’ search startup

Google’s senior vice president of advertising and commerce Sridhar Ramaswamy Krisztian Bocsi | Bloomberg | Getty Images A top former Google executive wants to make searching the blockchain easier with his new startup. Sridhar Ramaswamy, who led the internet giant’s ad business from 2013 to 2018, has started a new company called nxyz. The venture is officially launching Wednesday after attracting investment from several top investors, he told CNBC exclusively. Armed with a rolodex of eminent… Source link

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Google Web3 Lead Says Google Cloud Is a ‘Layer Zero’ for Crypto

Google Web3 Lead Says Google Cloud Is a ‘Layer Zero’ for Crypto

Google has set its sights on becoming the backbone of Web3. While it might come as a surprise to Web3 natives, Richard Widmann—Google’s head of strategy, Web3, and cloud—sees the Web2 giant as ideologically aligned with many of crypto’s core values, including open-source development and decentralization.  Prior to jumping headfirst into Google’s crypto initiatives, Widmann worked as legal counsel for the trillion-dollar tech company and also has a background in securities law. At the… Source link

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This investor bought a Bored Ape NFT for $1,700 in 2021 and plans to HODL. He explains why the crypto meltdown didn’t stop him from quitting his job to work in Web3.

This investor bought a Bored Ape NFT for $1,700 in 2021 and plans to HODL. He explains why the crypto meltdown didn’t stop him from quitting his job to work in Web3.

Keith Martin, 31, and his Bored Ape NFTPhil Rosen/Insider Keith Martin bought a Bored Ape NFT in May 2021 for around $1,700 — just as digital assets began to boom. It’s now worth almost 100 times that and he told Insider at the NFT.NYC conference he won’t sell any time soon. To Martin, the crypto bear market is not a concern, and he even quit his job to get into Web3. When Keith Martin bought his first Bored Ape Yacht Club non-fungible token in May last year, he paid less than $500 and seemed… Source link

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Google’s cloud group forms Web3 product and engineering team

Google’s cloud group forms Web3 product and engineering team

Thomas Kurian, chief executive officer of cloud services at Google LLC, speaks during the Google Cloud Next event in San Francisco on April 9, 2019. Michael Short | Bloomberg | Getty Images Google’s cloud unit is forming a team to build services for developers running blockchain applications as the company tries to capitalize on the surging popularity of crypto and related projects. Amit Zavery, a vice president at Google Cloud, told employees in an email Friday that the idea is to make the… Source link

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Ex-Google CEO Eric Schmidt on investing in cryptocurrencies and Web3

Ex-Google CEO Eric Schmidt on investing in cryptocurrencies and Web3

Ex-Google CEO and chairman Eric Schmidt says he’s invested “a little bit” of money into cryptocurrencies — but for him, the most interesting part of blockchain isn’t virtual currency. It’s Web3. “A new model [of the internet] where you as an individual [can] control your identity, and where you don’t have a centralized manager, is very powerful. It’s very seductive and it’s very decentralized,” Schmidt, 67, tells CNBC Make It. “I remember that feeling when I was 25 that decentralized would… Source link

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At long last, web3 makes a push to fight Google Maps – TechCrunch

Over a decade ago, a group of employees at Yahoo were struggling to compete with Google Maps as the younger firm aggressively outspent its rivals and scaled its offering with a grand vision and unmatched risk-appetite. “We didn’t have the same kind of budget and they ultimately won. But as a competitive person that was deeply frustrating to me,” said Ariel Seidman, who served as a product manager at Yahoo. Soon enough, Siedman co-founded Gigwalk and attempted to use smartphones to… Source link

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What is Web3, the new version of the internet everyone is talking about

If 2021 gave us anything, besides an endless pandemic, a supply chain crisis, inflation, and, well…you get it, it was the mainstreaming of the term Web3. A largely nebulous concept, Web3 is being trumpeted by crypto and blockchain boosters as the future of the internet. The idea is to create a decentralized web, where users can transport their data from service to service without corporate walled gardens stopping them. It’s a soup of much-hyped tech terms ranging from NFTs to the… Source link

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