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Finally, Bloomberg Admits Renewables Mania Caused Energy Shortages Authored by Michael Shellenberger via Substack, Between 2017 and 2021 , Environmental Progress and I researched and published dozens of articles, testified before Congress, and authored a book, Apocalypse Never, arguing that weather-dependent renewables were making electricity increasingly unreliable and expensive, and making the United States, Europe, and Asia, dangerously dependent on natural gas . In response, there was an organized and somewhat successful effort by progressive climate-renewables activists to cut off our funding , censor us on Facebook , and prevent me from testifying before Congress . But now, one of the biggest boosters of natural gas and renewables, media giant Bloomberg , whose owner, Michael Bloomberg, is directly invested in natural gas and renewables , has published an article conceding and substantiating almost every single point we have made over the years. Europe Sleepwalked Into an Energy Crisis That Could Last Years, screams the headline.

Facebook Inc won''t get information from an artificial intelligence startup on third-party funding of a trade secrets lawsuit that the startup, Neural Magic Inc, is pursuing against the social media giant in Boston federal court.

Amazon''s stock climbed a meager 2.4% in 2021, vastly underperforming its Big Tech peers.

Facebook parent Meta Platforms Inc. has ceased development of a new VR/AR software operating system that employed more than 300 after four years, The Information reported Wednesday. The move could greatly impact Meta''s ability to pivot to becoming a major metaverse player. Meta quickly issued a statement via Gabriel Aul, its vice president of Reality Labs Engineering. "There are several technical directions we''re pursuing in our efforts to build @RealityLabs operating systems, we''re still working on a highly specialized OS for our devices - we remain very much invested in this work and continue to dedicate the resources necessary to build this," Aul said in a tweet Wednesday. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Facebook (now known as Meta) recently announced a number of virtual reality concerts set to take place in its Horizon Venues metaverse but all three shows were largely ignored by the general public.

Facebook parent Meta Platforms Inc (NASDAQ: FB ) stopped the development of a new software operating system to power its virtual reality devices and upcoming augmented reality glasses, The Information reports . XROS reportedly stopped soon after team lead Mark Lucovsky, formerly of Microsoft Corp (NASDAQ: MSFT ), announced his exit. Lucovsky quit Meta to work on a similar AR OS project at Alphabet Incs (NASDAQ: Full story available on Benzinga.com

What can we expect in tech in 2022? Science reporter Jamie Morton looks at five areas to watch. The dawn of the Metaverse When Facebook announced its rebrand to Meta last year, commentators were

Meta Platforms Inc. was handed down by a Russian court a 1.99 billion ruble ($27 million) penalty over its refusal to remove content deemed restricted by Moscow, the country''s federal service for …

Russia Fines Google With Record $100 Million For Allowing Banned Content Russia has dramatically escalated its long-running battle with Google after repeatedly accusing it and other major US-based internet platforms of ignoring Russian laws on obscenity as well as propaganda, with on Friday a Moscow court slapping an unprecedented fine of almost $100 million on Google . The content under dispute which state media regulator Roskomnadzor has demanded the removal of includes pornographic material, as well as posts that reportedly promote drugs and suicide . Crucially the regulator and Kremlin officials have long charged Google with promoting politically subversive messaging with the intent to stir up protests in support of jailed dissident Alexei Navalny . Pro-Navalny protests groups were previously banned as "extremist" earlier in the year. Essentially Russia has accused Silicon Valley-based internet companies of allowing themselves to be used as a hidden hand of US foreign policy inside Russia , also promoting controversial content like transgenderism among Russia''s youth - which is also outlawed under recent legislation related to ''propagandizing'' minors with sexually explicit and corrupting material.

Baidu Plans to Hold China’s First Metaverse Conference Metaverse gained popularity all over the world. Social media giant Facebook jumped into the trend in October, changing its name to Meta and announcing plans for $10 billion in related developments in 2022. Meta is not alone as other companies are also interested in Metaverse, and Baidu […] The post Baidu Plans to Hold China’s First Metaverse Conference appeared first on FinanceBrokerage .

MOSCOW (AP) A Moscow court fined Google nearly $100 million Friday over its failure to delete content banned by local law, a penalty that reflects Russian efforts to step up pressure on big technology companies. The Tagansky District Court ruled that Google repeatedly neglected to remove the banned content and ordered the company to pay an administrative fine of about 7.2 billion rubles (about $98.4 million). Google said it would study the court documents and then decide on its next steps. Russian authorities have steadily ramped up pressure on social media platforms, accusing them of failing to purge content related to drug abuse, weapons and explosives. Earlier this year, the authorities blamed tech companies for not deleting announcements about unsanctioned protests in support of jailed Kremlin critic Alexei Navalny. Russian courts previously imposed smaller fines on Google, Facebook and Twitter this year. The Moscow court''s Friday ruling marked the first time the size of the fine was calculated based on revenue.

This line-up of stories will help you discover the latest happenings around the tech world, today. 1. China’s TikTok beats Facebook, Google as 2021 most visited website Chinese social media product, TikTok, has surpassed both Facebook and Google as the most visited website in 2021. This is according to an analysis of web traffic for […] The post China’s TikTok beats Facebook, Google as 2021 most visited website. 2 other things and a trivia appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria .

It is also reported that the court would try the similar case of Facebook

2021 has been a rollercoaster ride for tech. And it didnt take long for us to arrive at its first heart-stopping drop with our friends in the US going through the January 6 Capitol attack aided in part by social media information operations possibly among the scariest incidents of digital manipulation translating to real-world horror. With 2022 on the horizon, of course, we hope, as we always do at the start of a new year, that there will be some movement towards a less polarizing, less truth-bending online information ecosystem next year. But before the fireworks are set off, lets go back again through the loops and bends that tech went through in 2021. Here are some of the years top tech headlines, stories, and bits and pieces. Trump banned Facebook and Twitter froze the former US presidents account on January 6, US time, first for a set number of hours, and later permanently for Twitter. Facebook initially banned Trump for an indefinite period of time but following its Oversight Boards recommendation to set a period of time, the company announced in June that Trump is suspended at least until January 2023 .

Police Scotland have been accused of ''arresting people for making jokes'' after a man was charged over an alleged Facebook post inviting revellers to a Hogmanay party at the home of Nicola Sturgeon.