GOOGLE
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1. Google initiates service policy changes to align with EU Digital Services Act (DSA) compliance.
2. Updates must be enacted by August 28 and encompass various aspects of transparency and content management.
3. Ads Transparency Center is being expanded along with increased data access for researchers.
4. Greater emphasis on transparency research and improved visibility for content moderation.
5. Introduction of a new Transparency Center dedicated to policies and implementation of in-depth risk analysis.
6. DSA's purpose includes consolidating content regulations and establishing clear online content moderation procedures.
7. Google expresses reservations about unintended consequences, like potential exploitation by malicious entities.
8. The company navigates a balance between complying with regulations and preventing misuse.
9. The DSA-driven changes reflect a broader shift towards more stringent digital service regulation in the EU.
10. Google's policy adjustments aim to uphold compliance while addressing potential drawbacks tied to enhanced transparency.
#GOOGLE
2. Updates must be enacted by August 28 and encompass various aspects of transparency and content management.
3. Ads Transparency Center is being expanded along with increased data access for researchers.
4. Greater emphasis on transparency research and improved visibility for content moderation.
5. Introduction of a new Transparency Center dedicated to policies and implementation of in-depth risk analysis.
6. DSA's purpose includes consolidating content regulations and establishing clear online content moderation procedures.
7. Google expresses reservations about unintended consequences, like potential exploitation by malicious entities.
8. The company navigates a balance between complying with regulations and preventing misuse.
9. The DSA-driven changes reflect a broader shift towards more stringent digital service regulation in the EU.
10. Google's policy adjustments aim to uphold compliance while addressing potential drawbacks tied to enhanced transparency.
Google searches for ‘crypto’ fall to 2020 levels as BTC sentiment neutral
According to data from Google (NASDAQ:GOOGL) Trends, the term “crypto” currently has a score of 17, which is well off its reference point of 100 in May 2021. Bitcoin (BTC) and Ethereum have followed a similar downward trajectory.
Search interest over time for the word "crypto" Source: Google Trends
Fear & Greed Index measuring changes in sentiment in the crypto market. #GOOGLE #BTC #crypto2023 #googleai
According to data from Google (NASDAQ:GOOGL) Trends, the term “crypto” currently has a score of 17, which is well off its reference point of 100 in May 2021. Bitcoin (BTC) and Ethereum have followed a similar downward trajectory.
Search interest over time for the word "crypto" Source: Google Trends
Fear & Greed Index measuring changes in sentiment in the crypto market. #GOOGLE #BTC #crypto2023 #googleai
ALERT Google Introduces New Policy to Permit NFTs
American tech giant, Google has made a significant change to its mobile software marketplace policy to accommodate more Web3.0 developers who want to buy, sell or earn digital assets on the Play Store.
In other words, developers will be allowed to integrate digital assets such as Non-fungible tokens (NFTs) into their apps and games, although, these developers will be required to clarify in the Play Console that there are blockchain-based elements in the app.
Google Unlocks Innovation While Upholding Users’ Protection
According to Joseph Mills, Group Product Manager at Google Play, the move is proof that Google is receptive toward creating “more engaging and immersive digital experiences”.
To guarantee users’ safety, developers are required to work with the technology company to provide a safe, transparent, and trusted experience for everyone.
“As part of the policy update, we’re requiring that apps be transparent with users about tokenized digital assets,” Mills highlighted. He also noted that developers are not allowed to promote or glamorize any potential earnings from playing or trading activities, even though they are meant to create more enriched, immersive experiences.
Google Play consulted with several app and game developers including Mystical Games and Reddit which integrated its Avatar NFTs last year.
Quoted in a statement, Matt Williamson, Reddit’s Senior Engineering Manager reiterated that this updated guideline is aimed at creating a level playing field that promotes user trust, and responsible usage of blockchain technology. He also believes that the implementation of such guidelines guarantees that users make informed decisions while enjoying immersive experiences.
Unsupported Apps Face Ban
On the other hand, apps which do not meet the eligibility requirements under Google Play’s Real-Money Gambling, Games, and Contests policy, are prohibited from accepting money for a chance to win assets of unknown real-world monetary value, including NFTs.
“This includes, but is not limited to, offering mechanisms to receive randomized blockchain-based items from a purchase such as “loot boxes”, Mills explained.
Google’s current attitude towards Web3.0 and blockchain-based games has not always been so welcoming. Two years ago, games like Bitcoin Blast got kicked out of the Play Store without any rational explanation as to why it booted out the app. Similarly, crypto mining apps were banned from the store in 2018.
#REXBOX #NFTS #NEWS #GOOGLE
In other words, developers will be allowed to integrate digital assets such as Non-fungible tokens (NFTs) into their apps and games, although, these developers will be required to clarify in the Play Console that there are blockchain-based elements in the app.
Google Unlocks Innovation While Upholding Users’ Protection
According to Joseph Mills, Group Product Manager at Google Play, the move is proof that Google is receptive toward creating “more engaging and immersive digital experiences”.
To guarantee users’ safety, developers are required to work with the technology company to provide a safe, transparent, and trusted experience for everyone.
“As part of the policy update, we’re requiring that apps be transparent with users about tokenized digital assets,” Mills highlighted. He also noted that developers are not allowed to promote or glamorize any potential earnings from playing or trading activities, even though they are meant to create more enriched, immersive experiences.
Google Play consulted with several app and game developers including Mystical Games and Reddit which integrated its Avatar NFTs last year.
Quoted in a statement, Matt Williamson, Reddit’s Senior Engineering Manager reiterated that this updated guideline is aimed at creating a level playing field that promotes user trust, and responsible usage of blockchain technology. He also believes that the implementation of such guidelines guarantees that users make informed decisions while enjoying immersive experiences.
Unsupported Apps Face Ban
On the other hand, apps which do not meet the eligibility requirements under Google Play’s Real-Money Gambling, Games, and Contests policy, are prohibited from accepting money for a chance to win assets of unknown real-world monetary value, including NFTs.
“This includes, but is not limited to, offering mechanisms to receive randomized blockchain-based items from a purchase such as “loot boxes”, Mills explained.
Google’s current attitude towards Web3.0 and blockchain-based games has not always been so welcoming. Two years ago, games like Bitcoin Blast got kicked out of the Play Store without any rational explanation as to why it booted out the app. Similarly, crypto mining apps were banned from the store in 2018.
#REXBOX #NFTS #NEWS #GOOGLE
