8, and previous experience in digital fashion and 3D art development is not required. Genies will accept applications for the debut program until Aug. There, people can buy, sell and trade avatar creations, such as wearable items. By the end of the program, participants will be able to sell digital goods through the company’s NFT marketplace, The Warehouse. Genies will provide creatives with funding to build brands and audiences, though Sturges declined to share how much. They will spend three weeks at the Genies headquarters, participating in workshops and hearing from CEOs, fashion designers, tattoo artists and speakers from other industries, she added. “I think us being able to work hands on with this next era-this next generation of designers and entrepreneurs-not only gets us a chance to understand how people want to use our platform and tools, but also allows us to nurture those types of creators that are going to exist and continue to build within our ecosystem,” said Allison Sturges, Genies’ head of strategic partnerships.ĭIY Collective’s initial cohort will include roughly 15 people, Sturges said. Genies believes avatars will be a crucial part of the internet’s future and is similarly using its program to encourage creators to launch brands using Genies’ platform. For example, social media companies can use accelerator programs not only to support rising stars but to lure those creators-and their audiences-to the company’s platforms.
Similar programs are common in the startup world and in the creator economy. It's unclear whether a deal will now happen. Microsoft, Walmart and Oracle were interested. Last year, it sparked a battle between American tech giants vying to own a piece of TikTok. TikTok could not be immediately reached to comment.Īdministration officials said Wednesday that Trump's executive order wasn't executed "in the soundest fashion," according to the New York Times. The proposed directive would appoint the Department of Commerce to evaluate relevant apps and "take action, as appropriate." It does not single out specific companies, but broadly addresses apps owned, controlled or managed by companies from foreign adversaries, including China.
#Wechat us ban software#
He replaced it with new legislation that would assess whether foreign-owned software applications pose "undue or unacceptable risk" to U.S. On Wednesday, President Biden repealed a Trump-era executive order aimed at banning the apps owned by Chinese parent company ByteDance. and Chinese officials over the future of TikTok and WeChat. The Biden administration made its first move to dampen the months-long back and forth between U.S.