The year of the tech IPO is 2019. Uber went public on May 10 with a US$82.4 billion valuation. Fellow ride-sharing app Lyft floated in March with a U$24 billion valuation and Pinterest had a US$10 billion IPO in April. More big names – including Slack, Airbnb, WeWork and Palantir – are set to follow.
While the look and feel of our cars has changed in the past 100 years, the way we drive them hasn’t. But fundamental change is coming. In the next decade, not only will the way they’re powered and wired have shifted dramatically, but we won’t be the ones driving them anymore.
A survey found that consumers’ were very concerned about the protection of their data. As much as 64% of the participants know someone personally whose personal data has been misused. Unwanted marketing was common, suggesting that contact information which was meant to be kept private, had been shared with others.
Research has shown that when computers were fitted with proximity sensors (which facilitate online security by automatically logging users out when they move away from the machine) users began placing cups over the sensors to disable them.
Governments and advocates in the U.S. and Europe, as well as elsewhere around the globe, have been pushing Facebook to make the inner workings of its advertising system clearer to the public.
You’ve probably heard how Virtual Reality (VR) is going to change everything: the way we work, the way we live, the way we play. Still, for every truly transformative technology, there are landfills of hoverboards, 3D televisions, Segways, and MiniDiscs – the technological scrap it turns out we didn’t need.
Millions of cryptocurrency investors have been scammed out of massive sums of real money. In 2018, losses from cryptocurrency-related crimes amounted to US$1.7 billion. The criminals use both old-fashioned and new-technology tactics to swindle their marks in schemes based on digital currencies exchanged through online databases called blockchains.
Imagine the day when you’ll unroll or unfold your smartphone to answer it. If things go to plan, this day may be sooner than you think. And we’re not just talking flip-phones here, but smartphones where the actual screens are flexible, not just the handset.
Facebook started rolling out a new tool in April 2019. Under updated procedures, the social media website would request ID verification for people who wish to advertise or promote political posts or ads. The announcement received very little publicity, but it can be interpreted as Facebook’s latest attempt to curb Russia’s anticipated interference in EU elections and prepare to manage any meddling in the 2020 US presidential elections.
Technology is designed to be addictive. And a society that is “mobile dependent” has a hard time spending even minutes away from their app-enabled smartphones.
In 2017, U.S. adults spent an average of three hours and 20 minutes a day using their smartphones and tablets. This is double the amount from just five years ago, according to an annual survey of internet trends. Another survey suggests most of that time is spent on arguably unproductive activities like Facebook, gaming and other types of social media.
This addiction has consequences.