Metaverse switch: Young people jump ship from Facebook and embrace virtual reality platform March 15, 2022 The metaverse could become a mainstream way to make friends and even date, with nearly a fifth of young people ready to ditch more conventional social media platforms. With more than a tenth having already made their own metaverse avatar, data from Zen Internet highlighted that 18 per cent of 16-24 year olds are already [...]
Meta share price plunge sees investors buy up almost 20 times more shares February 7, 2022 New data has revealed that investors purchased 1,828 per cent more shares day after Meta's fourth quarter announcement last week after the tech giant's stock dived 26 per cent.
Crackdown on misinformation: TikTok suspends live streaming in Russia March 6, 2022 TikTok have said it will be suspending live streaming and new content in Russia as the social media firm faces questions about the spread of misinformation. However, the Chinese tech giant has said that the in-app messaging will not be impacted in Russia as the company evaluates its safety measures, according to reports from Reuters. [...]
Metaverse set for regulation, reckons Digital Minister December 25, 2021 Meta’s new virtual reality project the Metaverse will be subject to new UK laws on digital harm, according to the Government’s digital minister. The metaverse was launched with great fanfare by Mark Zuckerberg earlier this year, as he rebranded Facebook with a new corporate identity. The metaverse is envisioned as a blending of both physical [...]
Sangakkara: Sri Lanka have positive Test cricket future under ex-England coach Silverwood June 16, 2023 Former Sri Lanka captain Kumar Sangakkara has called on his former team to find a way to play more Tests, and encourages cricket fans to embrace new technologies. The 45-year-old played 134 Tests between 2000 and 2015 for The Lions and is widely seen as one of the best Sri Lankan cricketers of all time. [...]
Ex lead on Facebook’s failed crypto project resurfaces with Bitcoin start-up May 20, 2022 Facebook's former crypto project chief – David Marcus – has resurfaced to head-up a Bitcoin start-up called Lightspark.
Is Google a monopoly? Sort of, but that’s the free market August 20, 2024 How about a little trust in the dynamism of the free market? Writes Matthew Feeney
Is America’s ‘woke backlash’ a warning? July 22, 2024 With Microsoft scrapping a DEI team and Elon Musk moving to Texas, is the tide turning on the ‘woke’ agenda – and should businesses pay attention? Asks Eliot Wilson When America sneezes, Britain catches a cold. It is an idea that became popular after the Wall Street Crash of 1929, when the fall in New [...]
EU’s stamp of approval for digital laws risks putting the UK behind July 7, 2022 The European Parliament gave the Digital Services Act (DSA) and the Digital Markets Act (DMA) the final green light this week, setting out key obligations on Big Tech.
The big beasts of banking, supermarkets and tech are behind our productivity slump July 20, 2023 Big monopolies stifle innovation through their total control of market power and patents. We need to break this vicious cycle if we want our productivity back, writes Paul Ormerod