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The yield on the two-year U.S. Treasury note fell to a six-month low of 3.6550% and was last at 3.6611%.On April 4, local time on April 3, U.S. Secretary of Health and Human Services Robert Kennedy Jr. said that about 20% of the layoffs in the Department of Government Efficiency were wrong and needed to be corrected. The U.S. Department of Health and Human Services laid off about 10,000 people on the 1st. Kennedy said that people who should not have been laid off were laid off, and the department is restoring their positions. Kennedy said that canceling the entire lead poisoning prevention and monitoring department of the Centers for Disease Control and Prevention was one of the mistakes. At present, it is unclear what other projects Kennedy may plan to restore.Bank of Japan Governor Kazuo Ueda: Will consider the impact of food costs on consumers.On April 4, local time on the 3rd, the automobile company Stellantis said that due to the impact of the US import automobile tariff policy, the company decided to lay off 900 employees in its five US factories and suspend production operations at two assembly plants in Canada and Mexico. Antonio Filosa, Chief Operating Officer of Stellantis Americas, said that the US factories that were laid off were powertrain and stamping parts factories, which produced spare parts for two assembly plants in Canada and Mexico. According to the plan, the assembly plant in Canada will stop production for two weeks, and the assembly plant in Toluca, Mexico will suspend production throughout April. Filosa said the company is "continuing to evaluate the medium- and long-term impact of tariffs on operations."Bank of Japan Governor Kazuo Ueda: Non-weather factors may push up food prices.

UPS, The World's Largest Courier Company Intends to Enter The Metaverse

Skylar Shaw

Apr 13, 2022 10:01

United Parcel Service (UPS) has applied for many Metaverse and NFT-related trademarks.


The Metaverse filings by UPS will serve as a model for other shipping and logistics companies to follow.


At this point, the metaverse has simply become a marketing tool for all brands and businesses.


The United Parcel Service (UPS) is planning to launch a Metaverse presence, according to NFT trademark attorney Michael Kondoudis of Washington, DC. The move will expand the company's global reach, as well as its virtual reach.

Parcels in the Metaverse

The trademark registrations include everything from fundamental NFT and Metaverse items to the creation of a new shipping and delivery network. Despite the fact that just six files have been found, they contain products and services such as NFTs and Crypto-collectibles.


  • Multimedia with NFT support.

  • Shipping and delivery for online retailers.

  • Virtual apparel, parcels, automobiles, aircraft, and sports artifacts are all available.

  • Digital products and NFT-backed media marketplaces.

  • Virtual items are sold at retail outlets.


The 114-year-old corporation, according to Kondoudis, is taking these efforts to defend its "UPS" brand, which is why these filings are so valuable. Thus, the corporation was prepared to dominate the virtual economy and become a dominant player in this field via these filings. "We anticipate the number of trademark registrations for NFT and virtual goods and services from the shipping, logistics, and package delivery sector to rise in the coming 12 months as businesses recognize the need for protection in the Metaverse," he said.


This is the latest trend, and it's attracting businesses all around the world to embrace it or risk becoming obsolete.

The Metaverse Dillemma

More firms than one would think have submitted Metaverse trademark applications in the past several weeks, and these companies aren't restricted to a single industry.


Brands ranging from fashion to technology to music to fast food have been keen to register their trademarks in the Metaverse so that they can establish their presence when the time comes.


KFC, Pizza Hut, and Taco Bell also entered the Metaverse last month, following identical ideas. McDonald's had done the same thing the month before.


The New York Stock Exchange and Victoria's Secret both revealed their plans by registering for identical trademarks around the same time. And it was just yesterday.


Finding a pattern in these documents is therefore futile. The only thing motivating these moves is the desire to establish their companies' presence in the rapidly evolving virtual world.


The Metaverse buzz is rising by the day, and businesses are using it as a marketing tactic, but because the space is still in its early phases, it's impossible to say if it'll be a long-term success.