EU Hints at Introduction of Metaverse Regulations and Taxes

European Commission president Ursula von der Leyen signaled the bloc is preparing the implement a regulatory framework for the metaverse, writing in her annual Letter of Intent for the State of the Union address that the Commission will in 2023 advance an “initiative on virtual worlds, such as metaverse.” The EU’s internal market commissioner, Thierry Breton, expanded on that in a blog post that Europe’s “way to foster the virtual worlds” will be threefold, focusing on “people, technologies and infrastructure,” with speculation bubbling that the third prong will involve some sort of carrier tax. Continue reading EU Hints at Introduction of Metaverse Regulations and Taxes

GSMA Report Predicts the Future Impact of Global 5G Rollout

The Global System for Mobile Communications (GSMA), which represents 750 mobile operators as well as hundreds of other telecom industry companies, issued a report on 5G, finding it is now available in 24 markets around the world. The report predicts that 5G is likely to add nearly $2.2 trillion to the global economy between 2024 and 2034. Written by GSMA head of North America Ana Tavares Lattibeaudiere, the report added that, by 2025, 5G will account for 20 percent of all global connections. Continue reading GSMA Report Predicts the Future Impact of Global 5G Rollout

Scientists Send Data 30 Times Faster Than 4G LTE Wireless

Researchers from three international universities working on twisting radio beams for transferring data have achieved transmission speeds of 32 gigabits per second — 30 times faster than current 4G LTE wireless technology. The project, which includes scientists from University of Glasgow and Tel Aviv University, is led by Professor Alan Willner of USC’s Viterbi School of Engineering. Mobile operators should be interested in the technique to supply faster networks and address congestion created by too many users. Continue reading Scientists Send Data 30 Times Faster Than 4G LTE Wireless