EU mulls metaverse regulation as businesses jump into virtual reality February 8, 2022 As key players in fashion, tech and finance develop virtual reality metaverses EU authorities are considering new rules to protect consumers.
TikTok-owner ByteDance to lower price of employee stock options amid slipping growth August 31, 2022 TikTok-owner ByteDance is reportedly looking to lower the price of its stock options for employees amid declining growth. The Chinese technology giant is expected to lower prices to $155 a share from $195, Bloomberg first reported, citing a human resources executive. ByteDance’s revenue growth slipped to 70 per cent year-on-year last year, down from [...]
Let’s be honest, new spy powers could kill off how we use Facetime and iMessage December 14, 2023 A new anti-encryption bill quietly introduced to parliament this week could mean the death of iMessage for Brits, writes Matthew Lesh
TikTok fined £296m by watchdog over how it processed children’s data September 15, 2023 TikTok has been fined 345 million euro (£296 million) by Ireland’s data watchdog following an investigation into how the social media platform processed children’s data. The fine was imposed on TikTok Technology Limited (TTL) by the Data Protection Commission (DPC) after the probe into how certain privacy settings and features complied with obligations under the EU’s General Data [...]
Strong performance on price of Bitcoin after stablecoins recover peg and staked Ether withdrawals near March 20, 2023 Data from CryptoCompare shows that the price of Bitcoin surged from around $22,000 at the beginning of last week to now change hands above the $28,000, with the cryptocurrency market having outperformed other assets over the last few days. Ethereum’s Ether, the second-largest cryptocurrency by market cap, moved similarly to BTC, jumping from around $1,580 [...]
Move over flying cars, data centres are the treasure chests of the future April 7, 2024 They may not be quite as headline-grabbing, but data centres will power the next industrial revolution, writes George Lazarias.
Advertising: Digital ad market spend slows as budgets take post-Covid reset April 26, 2023 Growth in the UK’s digital advertising market slowed in 2022 as economic headwinds continued to weigh on the market. The digital advertising market – meaning any advertising delivered through digital platforms – grew 11 per cent to £26.1bn in 2022, according to industry body IAB’s digital ad spend report. The market previously grew 41 per [...]
WhatsApp users in UK get new feature that allows Brits to ‘bundle’ group chats November 3, 2022 A WhatsApp feature that enables users to bundle several group chats together under the umbrella of a single topic and share updates across them all has gone live in the UK. First announced earlier this year and in testing since then, the Communities feature will allow users to organise different group chats together under a [...]
Google hires three top female execs to roles backing UK firms with AI tech growth November 28, 2023 Google has appointed three female senior new executives to drive forward the tech giant’s support for UK businesses. The search engine behemoth said the appointees will report straight to Debbie Weinstein, the vice president and managing director for Google UK & Ireland, and will help focus on the use of AI technology in growing British [...]
Tech is in turmoil – but there is an upside March 6, 2024 There’s no need to panic about cutbacks and uncertainty around AI, capitalism is all about change and innovation, says Paul Ormerod The Greek god Chronos, known as Saturn to the Romans, was notorious for eating his own children. Something similar seems to be going on within the tech industry. Tech giants such as Google, Microsoft [...]