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Imagine a three-dimensional online world where you teleport from your London office to a meeting room in Singapore, shop at a digital replica of your favorite clothing store then join a friend for a round of virtual golf. To some, this aspirational version of the internet known as the metaverse is the future of human interaction. Facebook founder Mark Zuckerberg changed the company’s name to… → Read More
(Bloomberg) -- The great tech selloff of 2022 is far from over as investors brace for earnings misses that may spur a more than 10% plunge in the Nasdaq 100.... → Read More
Crypto enthusiasts dream not only of revolutionizing money. They want to reinvent the World Wide Web, too. Their vision, which goes by the name Web3, is of a decentralized environment built on crypto technology in which swarms of independent collaborators take back control of the web from giant tech companies. It’s a threat that those tech firms -- including Facebook owner Meta Platforms Inc.… → Read More
Crypto enthusiasts don’t only dream of revolutionizing the world of money. They want to reinvent the World Wide Web. That vision, which goes by the name of “Web3,” is of a decentralized environment built on crypto technology in which swarms of collaborators take back control of the web from giant tech companies. It’s a threat that those tech firms -- including Facebook owner Meta Platforms Inc.… → Read More
The metaverse is a virtual world that blends aspects of digital technologies including video-conferencing, games like Minecraft or Roblox, cryptocurrencies, email, virtual reality, social media and live-streaming. Quite how these pieces will fit together is a work in progress, but investors and executives including Facebook Inc. Chief Executive Officer Mark Zuckerberg are already interested in… → Read More
Parler, which was dropped by the big tech companies after it was used by members to incite violence at the US Capitol, is now relying on a hosting service from DDoS-Guard Corp., which is owned by two Russians. → Read More
Facebook Inc.’s WhatsApp has begun alerting its 2 billion users of an update to its privacy policy -- and if they want to keep using the popular messaging app, they have to accept it. The new terms, delivered in early 2021, have caused an outcry among technology experts, privacy advocates, billionaire entrepreneurs and government organizations and triggered a wave of defections to rival… → Read More
Twitter Inc., which this week earned U.S. President Donald Trump’s ire by posting fact-check notices next to some of his tweets, has put up a rule-violation notice on one of his most recent missives. → Read More
The wireless industry scrapped its biggest annual showcase after the coronavirus outbreak sparked an exodus of participants, roiling telecom companies just as they’re preparing to roll out new 5G services. → Read More
(Bloomberg) -- Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.Grindr is sharing detailed personal data with thousands of advertising partners, allowing them to receive information about users’ location, age, gender and sexual orientation, a Norwegian consumer → Read More
For the second time in two years, London has put a roadblock in front of Uber Technologies Inc. The capital’s transit regulator has denied the ride-hailing service a new license to operate in the city, citing concerns over rider safety and the security of the app. Uber managed to get out of a similar scrape last time, but will it do so again? → Read More
(Bloomberg) -- Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.Uber Technologies Inc. said it fixed an app flaw that let unauthorized users pose as drivers before the London regulator refused to grant the ride-hailing service a new license.Uber found the flaw → Read More
Uber has 21 days to appeal and can continue to operate while a magistrates’ court considers the decision. → Read More
It’s been less than two years since the first crop of stand-up electric scooters for rent were dumped on a city sidewalk, but they can now be found around the world. Startups including Bird, Lime, Skip and Spin allow riders to locate and unlock scooters with an app. → Read More
Netherlands was attractive for its “ample sustainable energy sources: Joe Kava, vice president of Google’s Global Data Centers. → Read More
The bikes have an electric pedal-assist system that can propel riders across the city at up to 15 mph. Uber plans to expand to other parts of London in coming months. The company bought startup Jump Bikes last year for more than $100 million in cash and stock, the first acquisition under Chief Executive → Read More
Last week, a cyberattack took down software provider Wolters Klumer NV and presented a case study in how not to communicate with customers over a hack. → Read More
Prime Minister Theresa May’s government has been weighing how to respond to a U.S. campaign to cut Huawei out of supplying 5G mobile networks, and is considering the results of its own six-month review into the country’s telecom supply chain. A U.K. decision into the matter will be predicated on publication → Read More
One proposal calls for Parliament to create new laws to help a proposed regulator oversee the industry, with data privacy fines for companies to be calculated based on their revenue. → Read More
Facebook Inc. wielded user data like a bargaining chip, providing access when that sharing might encourage people to spend more time on the social network -- and imposing strict limits where it saw a potential competitive threat. → Read More