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Roundup: Meta Platforms / US jobless claims / Gaming goes green
['Daily Report Staff']
Baton Rouge Business Report
The massive spending comes as investors question whether Meta can generate enough returns from these investments since it does not currently sell computing capacity as a cloud service.
Rising oil prices, persistent inflation, slower economic growth and cautious hiring are creating risks that could pressure companies to reduce jobs in the future.
Solar support: Former gaming executives launched CleanPlay’s SuperPower service to reduce the environmental impact of video games by funding renewable energy projects through gamer subscriptions and rewards.
The program uses subscription fees to support solar projects, allowing gamers to contribute to clean energy without directly changing their gaming habits.
With more than 50,000 members already participating, the initiative aims to turn the massive gaming community into a force for renewable energy investment.