Mark Zuckerberg announced his plans for a metaverse, as well as the renaming of Facebook as a company. This move aims to distance the company’s new and ambitious efforts from the social media platform – now considered a branch of Meta.
The billionaire investor believes that Bitcoin won’t be used as your typical currency in the coming five years, terming the digital currency as “digital gold” as more banks and other players in financials are still developing capacities needed to support the currency.
Canada announced on Sunday a new 25% tariff on assorted US metals products. A 10% tariff on another 250 products such as beer kegs, orange juice, and whiskey was also confirmed. The tariffs are the culmination of increased trade tensions between the US and Canada over the last few months.
President Donald Trump could plunge the U.S. into a trade fight with Europe. The president is racing against a self-imposed deadline to decide whether to permanently exempt the European Union and other six US allies from the tariffs or not.