The Financial Stability Board (FSB) is concerned about the scale and structural vulnerabilities of crypto markets. It estimates that the market will grow 3.5 times in 2021 to a value of $2.6tn (£1.9tn) The Swiss-based body has no binding regulatory jurisdiction over countries, but monitors the financial system.
YouTube is considering new measures to tackle misinformation on its platform. Chief Product Officer Neal Mohan says the company is considering breaking sharing features for videos with "borderline content" Mohan: "We grapple with whether preventing shares may go too far in restricting a viewer’s freedoms"
Oppo has released images of its Find X5 Pro, a new flagship phone. The company will launch the device at a launch event in Barcelona on February 24th. The phone will be the first from Oppo's partnership with Hasselblad. The device will use the Snapdragon 8 Gen 1 processor and use ceramic construction.
Influencer marketing is evolving into what's being called "the producer economy" consisting of content creators who seek to build their own media brands that are independent of social media platforms. This push for greater control over distribution also affects brands as they build its own media networks to engage consumers.
Consumer Reports has declared that Ford's Mustang Mach-E has ousted Tesla's Model 3 as its EV Top Pick. The article still recommended the Model 3 for its sports car-like performance, long range, charging network, and technology. However, the article also said that Tesla's SUV-like ride has “much worse” reliability than average vehicles.
The Food and Drug Administration cleared a smartphone app from Tandem Diabetes Care to program insulin delivery for its t:slim X2 insulin pump, the first phone app for both iOS and Android to able to deliver insulin, with pump users being able to program or cancel bolus doses of insulin.
Nick Clegg has been the unofficial third face of Facebook's social network. Mark Zuckerberg has promoted Clegg to a newly created position of “President, Global Affairs’ Clegg was already overseeing Meta’s policy org under Sandberg, but now he'll be reporting directly to Zuckerberg and Sandberg.
A journalist interviewed a human rights activist using the automated transcription service Otter.ai. A day later, Otter sent him an email asking what the purpose of the conversation was. The company said it would not share the transcript with a foreign government, but did share some data with third parties.
European Commission last year proposed draft AI rules to take the lead in a technology dominated by China and the U.S. Civil rights activists fear facial recognition could facilitate discrimination and surveillance by governments and companies. The EU executive has to negotiate its proposal with the European Parliament and EU countries before it can become legislation.
Roblox reported fourth-quarter revenue of $770 million, below the $772 million expected. Its loss of 25 cents per share was wider than the 13 cents anticipated. The gaming company reported 49.5 million daily active users, up 33% from the year-earlier period.