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The Week That Was: IT and Media news week 45

With around two billion people around the world being able to vote in elections next year, fighting disinformation is crucial. 85% of citizens are worried about the impact of disinformation and 87% believe that it has already had a major impact on the political life in their country, according to a UNESCO survey. The European Parliament has reached a provisional deal on new rules to make elections and political advertising more transparent and resistant to interference. Meta announced that political advertisers will not be allowed to use the company’s AI tools for their campaigns. 

IT spending in Europe will total $1.1 trillion in 2024, an increase of 9.3% from 2023, according to a forecast by market research firm Gartner. Software and IT services are the two segments where CIOs in Europe are expected to increase their spending the most in 2024. 

Big brands expect to increase their marketing budgets. 60% of company representatives will increase their global media budgets in 2024 – with 14% saying they will make a significant increase, year on year, according to a report from World Federation of Advertisers (WFA) and media investment analysis firm Ebiquity.

Women now make up 35% of US workers with the 10 highest-paying occupations – up from 13% in 1980. They have increased their presence in almost all of these occupations, which include physicians, lawyers and pharmacists, but for women in engineering, the increase has been less encouraging, a new survey from Pew Research Center shows.

Feminist website Jezebel has been closed down after 16 years. It was launched as a feminist counterpoint to traditional women’s magazines. US owner G/O Media’s CEO Jim Spanfeller said the company had tried to sell the publication to over two dozen potential buyers before deciding to “suspend” it. According to the New York Times, feminist publications have been particularly affected by news industry financial turmoil. 


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