World Wide Web Source Code is Latest NFT for Sale

Tim Berners-Lee’s code for the World Wide Web is being sold as an NFT by Sotheby’s. (AFP)
Tim Berners-Lee’s code for the World Wide Web is being sold as an NFT by Sotheby’s. (AFP)
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World Wide Web Source Code is Latest NFT for Sale

Tim Berners-Lee’s code for the World Wide Web is being sold as an NFT by Sotheby’s. (AFP)
Tim Berners-Lee’s code for the World Wide Web is being sold as an NFT by Sotheby’s. (AFP)

Tim Berners-Lee’s source code for the World Wide Web is the latest non-fungible token (NFT) to go up for sale.

Sotheby’s in New York is selling the program that paved the way for the internet we know today more than 30 years after its creation.

The sale started June 23 and ends on Wednesday. Bidding had reached $2.8 million on Friday.

The lot includes an animated version of Berners-Lee’s nearly 10,000 lines of code and a letter from the British-born computer scientist himself.

“Ten years ago, we wouldn’t have been able to do this,” said Cassandra Hatton, vice-president at Sotheby’s, referring to the recent boom in NFTs.

Hatton said this work is unique because of its importance for the creation of the World Wide Web.

“That changed every aspect of your life,” Hatton said. “We don’t even fully comprehend the impact that it has on our lives, and the impact that we will continue to have on our lives.”

An NFT is a digital object such as a drawing, animation, piece of music, photo or video with a certificate of authenticity created by blockchain technology that underlies cryptocurrency. It cannot be forged or otherwise manipulated.

NFTs currently generate several hundred million dollars in transactions every month.

NFT exchanges take place in cryptocurrencies such as bitcoin on specialist sites but traditional auction houses are seeking to capitalize on the phenomenon.

The most expensive NFT ever was sold by Christie’s in March for $69.3 million.



Meta to Offer Less Personalized Ads in Europe to Appease Regulators

Meta to Offer Less Personalized Ads in Europe to Appease Regulators
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Meta to Offer Less Personalized Ads in Europe to Appease Regulators

Meta to Offer Less Personalized Ads in Europe to Appease Regulators

Meta Platforms plans to offer Instagram and Facebook users in Europe the option to receive "less personalized ads," the tech giant announced on Tuesday, in an effort to allay regulators' mounting concerns.

The Menlo Park, California-based company said it is implementing these changes in response to demands from EU regulators.

Over the coming weeks, people in the EU who use the company's social media platforms for free with ads, will be able to choose to see ads based on what Meta calls "context"- content that a user sees during a particular session on the platforms.

According to Reuters, these ads will also target users based on age, gender, and location, with some being unskippable for a few seconds.

Meta also plans to reduce the price of ad-free subscriptions by about 40% for European users.

This move comes as European regulators intensify efforts to curb Big Tech's power and level the playing field for smaller firms, including through the landmark Digital Markets Act (DMA) which came into force earlier this year.

The European Union law aims to make it easier for people to move between competing online services like social media platforms, internet browsers and app stores.

Last month, Europe's top court ruled that Meta must restrict the use of personal data harvested from Facebook for targeted advertising, supporting privacy activist Max Schrems.

The European Union did not immediately respond to a Reuters request for comment.

The developments were first reported by the Wall Street Journal.

Earlier in November, Reuters reported that Apple is set to be fined by the European Union's antitrust regulators under the bloc's landmark rules aimed at managing Big Tech's influence, making it the first company to be sanctioned.