The once-iconic music-sharing platform Napster just sold for $207 million, according to reporting by CNBC. A company called Infinite Reality ponied up the cash. What could Napster offer in 2025 to warrant such a price tag? Infinite Reality CEO John Acunto says it’ll be used for marketing in the metaverse. In other words, a platform from 1999 will be used as part of a technology that seemingly peaked in 2021. That sounds about right.
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