Tag Archives: warner

According to reports, the Warner Music layoff will not impact initiatives central to the company’s future, including Web3 and AI.  Despite firing 270 employees on Wednesday, Warner Music Group’s layoff will likely spare staff in the company’s Web3 and AI-focused endeavors. The record label considers these emerging tech initiatives central to its future and intends to keep them around much longer. In a company memo detailing the layoff, Warner Music told staff that it was reallocating...

One of the largest music companies in the world, Warner Music announced their partnership with Dapper Labs, the company that stands behind CryptoKitties, all in order to create a new blockchain called Flow.The music giant that stands behind Ed Sheeran, Cardi B, Bruno Mars, as well as some other prominent celebrities, eventually decided to go on blockchain, joining an $11.2 million investment in above mentioned Dapper Labs.Just for a reminder, back in 2017, in December, CryptoKitties, the app...