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Metaverse Struggles For Industrial Adoption

Gary Mintchell

GlobalData’s latest report, “Metaverse – Thematic Intelligence” , reveals that the metaverse struggles from limited knowledge of the theme, unimpressed consumers, the postponement of projects by Big Tech, and concerns with privacy and security. A 10x multiple of market growth when it all looks so pessimistic? And, it’s $48 billion now?

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UK could save ‘billions’ with new data laws, government says

E&T

Currently, the ICO is an independent body which describes itself as being “set up to uphold information rights in the public interest, promoting openness by public bodies and data privacy for individuals”.

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Neeva search engine launches in Europe to rival Google, with zero tracking or ads

E&T

Neeva has already acquired over 600,000 users in the US, following its 2021 launch, and is now bringing its platform to the UK, with its aim of offering users greater control over search and delivering honest results. Neeva’s European expansion follows a successful 2021 $40m 'Series B' funding round.

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Regulatory Harmonization will be key as Connected Vehicles Market Heads for Take-Off

Frost & Sullivan Manufacturing

On the other hand, this is exposing vulnerabilities linked to personal information leaks, data fraud, unauthorized access to sensitive driver-related information, and privacy concerns. All three key markets – Europe, China, and North America – have regulations related to cybersecurity, personal data privacy and C-V2X.

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Drivers should be taxed per mile starting with EVs, think tank says

E&T

London expanded its ultra-low emission zone in late 2021 and subsequently raised an estimated £93.6m In 2021/22, drivers paid £33bn in fuel duty and vehicle excise duty, but the government spent only £5.4bn on national roads and £6.4bn on local roads in the same period. of additional revenue over the following year.

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US and EU officials sign ambitious AI agreement

E&T

The agreement was signed in the context of the EU-US Trade and Technology Council (TTC), launched in 2021 as a permanent platform for transatlantic cooperation across several priority areas, from supply chain security to emerging technologies. The last high-level meeting of the TTC was held in the US in December 2022.

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Italy bans the use of facial-recognition technology

E&T

In September 2022 in the UK, 14 campaign groups wrote an open letter to Metropolitan Police Commissioner Sir Mark Rowley requesting an end to the use of facial-recognition technologies by police forces, calling the technology “privacy-eroding, inaccurate and wasteful”.