Best Business and Crypto Stories of the Week: January 7

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Many brands are starting to see a recovery despite the challenges initially posed by the pandemic. Some companies, especially those that have focused their efforts on expanding e-commerce businesses, have even seen their profits increase even more than before.

HYPEBEAST has put together the best trading and crypto stories of the week so you can stay on top of trends across industries.

Business 1. The Consumer Electronics Show (CES) was held in Las Vegas, with several companies unveiling new products

Samsung showcased a new gaming hub and a new NFT platform, Sony showcased the world’s first 4K QD-OLED TV, BMW showcased Digital Art More and a color-changing car, and Razer unveiled a modular gaming desktop. and a Zephyr Pro goggle. Check out all of the best concepts here.

2. Tim Cook earned US $ 98.7 million as CEO of Apple last year

His compensation included a base of US $ 3 million plus US $ 82.3 million in stock awards, $ 12 million in non-stock incentives and an additional US $ 1.3 million other types. of remuneration. To put it in perspective, Cook’s salary is roughly 1,447 times the median salary of Apple employees of US $ 68,254.

3. Snap tries to tag the word “glasses”

Snap sued the United States Patent and Trademark Office for denying its trademark application for the word “glasses” for their digital eyewear camera of the same name. The USPTO has argued that the word is too generic to apply to the company’s smart glasses.

4. Apple briefly hit a market cap of $ 3 trillion

Apple hit financial benchmark when its shares hit $ 182.86 before falling. It is the first publicly traded American company to do so.

Apple became the first US company to reach $ 3 trillion in market value, with shares tripling since the pandemic lows of March 2020 https://t.co/1ilbeCaH45

– The Wall Street Journal (@WSJ) January 3, 2022

5. Nike sued Lululemon over their Mirror home fitness machine

The sports giant has accused Lululemon of patent infringement. Lululemon bought Mirror for US $ 500 million in 2020 at the start of the COVID pandemic.

Crypto 1. Airbnb may soon offer crypto payments

CEO Brian Chesky asked users for suggestions on what they would like to see the company launch in 2022, with most respondents asking for crypto payments. “I am already working on most, I will review the others now!” He tweeted.

You have 4,000 suggestions. Here are the top 6:

1 – Crypto payments (top suggestion) 2 – Clear display of prices 3 – Customer loyalty program 4 – Updated cleaning fee 5 – More long term stays and discounts 6 – Better customer service

I am already working on most, I will review more now! https://t.co/rxEM4BXZci

– Brian Chesky (@bchesky) January 5, 2022

2. Crypto crooks stole a record US $ 14 billion in 2021

Cryptocurrency-based crimes hit an all-time high in 2021, according to a new report from blockchain data platform Chainalysis. Stolen funds, fraud stores, ransomware, scams, and terrorist financing were some of the ways that criminals made their money.

3. Rare Doodle NFT “Golden Ape” Sold for Record $ 1.1 Million

NFT Doodles Collection sold a rare Doodle this week for 296.69 ETH, or approximately US $ 1.1 million at the time of sale. The current floor price for a Doodle is 9.25 ETH ($ 29,634).

Welcome # 6914! #NFT @doodles https://t.co/UXF1tnWpFR pic.twitter.com/ZDoDRE8Tze

– Prank call ? (@franksy) January 5, 2022

4. Nas sells the royalty rights to two of his songs as NFT

The Royal Investment Platform has partnered with Nas to release a portion of the streaming royalty rights to two of the rapper’s songs as NFT – “Ultra Black” from the Grammy Award-winning album King’s Disease , and “Rare,” a Grammy-nominated 2022 King’s Disease II single. The platform’s first sale begins on January 11.

5. GameStop is said to be creating an NFT market

The Wall Street Journal reports that the retailer has already hired more than 20 people to lead the department. The market will launch later this year, sources said.

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