Salvadoran President Nayib Bukele ๐Ÿ‡ธ๐Ÿ‡ป Buys Bitcoin Again

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ROI Overload is a daily radio show/video podcast show focused on the latest in trending topics in business, tech, finance and startups hosted by Scott D. Clary (@scottdclary).

Available in audio (roioverload.sounder.fm) or video (youtube.com/c/scottdclary).

Welcome to Roy Overload daily business, tech and finance news. I'm Scott declary. This is what's making the US today. The El Salvadorian President, and I you, Bukelly, just bought bitcoin again. Meta is introducing a built in bill splitting feature into facebook, vine health raises five point five million dollars for its US launch and the new twitter CEO aims to reorganize the company. Let's jump right into it. So let's first story the day. El Salvador continues leveraging the dip and bitcoin prices, as the Salvadorian President, and I you, Bu Kelly, purchase a hundred fifty bitcoin when the assets price slip below Fiftyzero, effectively losing more than fifteen percent in market value the precise buying price that he purchased, that was forty eight thousand, six hundred seventy dollars per coin. With the purchase of a hundred fifty bitcoin, the El Salvadors bitcoin reserve has reached one thousand, two hundred and seventy bitcoin. As you already know, El Salvador has announced Bitcoin city to be funded by one billion bitcoin bonds. Apart from a disseminating digital and technical education. The entire city...

...will have provisions for geothermal energy, along with efficient and sustainable public transport. The city will also host a crypto exchange bit fin x and Adam Black's block stream, but Kelly beliefs his initiatives would soon draw many local and foreign digital asset companies to the country. Metta is introducing a built in bill splitting feature into facebook. So Meta believes at the feature would be helpful when dividing a restaurant bill between friends or rent bill with roommates or other similar setups. The feature would allow people to ask for money in a group chat. It will also be capable of authenticating who among the group TAT has paid their share. Another feature that metaplans to add is group effects, allowing people on Messenger, instagram video calls to share same our video effects. So a couple different new social features are rolling out. Met has also introduced sound Emoji's. These audio effects are inspired by stranger things and Taylor Swift's read and start up news vine health raises five point five million dollars for its US launch. So found in...

...two thousand and eighteen, vine health is a London based digital health start up. They've built an application to offer personalized support for cancer patients. Fine help. Fine Health Rather, also helps collect patient reported outcome or pro data. A start up recently raise five point five million and it's seed round. Talas capital led the round. The other investors that backed around was playfair capital and ascension. Several other annual investors also join the round. Vine health plans to use a recently infused funds to expand to the US. The company Leverages Behavioral Science and artificial intelligence carry out its services on time effectively. The patient support features also include provisions of self management and medication reminders. Using vine health, conditions can also monitor their patients remotely, provide feedback on symptoms and report side effects of treatments. The APP was first made available in January. If two thousand and twenty, it has nearly fifteen thou downloads so far. And lastly, big news of course, coming out of twitter, as Jack Dorsea stepped down and a new CEO has taken up efforts to reorganize twitter immediately after basically...

...getting the job, so restructuring the company's consumer, revenue and Coretech divisions. The new CEO has already removed to top twitter executives. Going forward, there will be individual leaders for these divisions who will be delivering improved accountability, speed and operational efficiency. Two leaders to leave their positions by the end of this year would be the company's engineering lead, Michael Montano, and its design and research lead, Dante Davis. Very quick action suggest that new twitter CEO, Prague, is focused on operational excellence and setting up twitter to hit a very, very aggressive goals in the future. And other news fro around the Internet. facebook takes down a fake scientists accounts. So facebook, after an investigation, has removed the account of Wilson Edwards, who faked his identity as a Swiss scientist and claimed on facebook and twitter that the US was pressuring the World Health Organization scientists studying the origins of covid nineteen. And lastly, Wikipedia Co...

...founder Jimmy Wales is going to be selling an NFT. So n the NFT will be of Wales first edit on Wikipedia. Ever, he's going to mint that and then sell it off. So that's it for today. Hope you enjoyed you found valuing this year. This was one other person. They can go subscribe to daily business, tech and finance news and newsletter, Dot Roi overloadcom have a great day. I'll see at the.

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