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The metaverse, a term first coined in 1992 by Neil Stephenson in his novel Snow Crash, has developed over the past two years from a science-fiction theory to a real-world technology that is predicted by Goldman Sachs to be a $12.5 trillion opportunity by the end of the decade, says Michael Gord, co-founder and chief executive officer of GDA Capital.

The metaverse, a term first coined in 1992 by Neil Stephenson in his novel Snow Crash, has developed over the past two years from a science-fiction theory to a real-world technology that is predicted by Goldman Sachs to be a $12.5 trillion opportunity by the end of the decade, says Michael Gord, co-founder and chief executive officer of GDA Capital.

In this week’s FB Roundup, Brewing heir Santo Domingo joins a Chelsea FC consortium; Twitter’s board of directors approves a ‘Poison pill’ strategy against Elon Musk’s takeover bid; and Sir Terence Conran’s former restaurant empire is up for auction.

In this week’s FB Roundup, Brewing heir Santo Domingo joins a Chelsea FC consortium; Twitter’s board of directors approves a ‘Poison pill’ strategy against Elon Musk’s takeover bid; and Sir Terence Conran’s former restaurant empire is up for auction.

Events in Ukraine are to be seen, first, through the lens of humanity. Through the lens of finance, Russia’s invasion is having the same effect as Covid-19: it is accelerating trends which are already in place. And those trends are inflationary says Ruffer LLP chairman Jonathan Ruffer.

Events in Ukraine are to be seen, first, through the lens of humanity. Through the lens of finance, Russia’s invasion is having the same effect as Covid-19: it is accelerating trends which are already in place. And those trends are inflationary says Ruffer LLP chairman Jonathan Ruffer.

In this week’s FB Roundup, Elon Musk obtains a 9.2% stake in Twitter; Henry Sy’s family buy out Philippine Geothermal Production Co; and The Rockefeller Foundation makes a $105 million climate-friendly food pledge.

In this week’s FB Roundup, Elon Musk obtains a 9.2% stake in Twitter; Henry Sy’s family buy out Philippine Geothermal Production Co; and The Rockefeller Foundation makes a $105 million climate-friendly food pledge.

The Russia-Ukraine war adds to near-term growth risks for the global economy and will likely keep inflation elevated for longer. While uncertainty is high, equity markets are oversold and should recover if tensions ease in the coming months says Russell Investments’ global head of investment strategy Andrew Pease.

The Russia-Ukraine war adds to near-term growth risks for the global economy and will likely keep inflation elevated for longer. While uncertainty is high, equity markets are oversold and should recover if tensions ease in the coming months says Russell Investments’ global head of investment strategy Andrew Pease.

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