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Tag Archive | "World Wide Web"

China Bans Virtual Economies – The Implications

Monday, July 6, 2009

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China Bans Virtual Economies – The Implications

CNN reports that China has set new rules regarding the use of virtual currencies in commercial and free virtual worlds. So while the news is still relatively new, we will try to dissect the implications of such a move. First in order should be the details of the China government announcement. Accordingly, cash or currencies located [...]

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Worth a Million? Web 2.0 as the Millionth Word of the English Language

Friday, June 19, 2009

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Worth a Million? Web 2.0 as the Millionth Word of the English Language

Further evidence that the World Wide Web has changed the lifestyle of the entire world is the recent announcement that “Web 2.0” is now being recognized as the one millionth word in the English Language. The US-based language research firm Global Language Monitor ceremonially tagged the word Web 2.0 as the millionth word after it [...]

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Revisiting Second Life’s Gambling Ban

Wednesday, May 13, 2009

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Revisiting Second Life’s Gambling Ban

In 2007, the popular virtual world Second Life banned gambling inside its online community. It was a risky move because it means lost revenues and even dissatisfaction among some of its users. But it was a firm message against those who are taking advantage of virtual worlds to exploit people and even promote vices however [...]

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