This week: Binance abandons its merger deal with FTX, Meta cuts its workforce by 13%... This week saw major players in ad tech rocked by the fallout of plummeting profits and a post-pandemic slump. Cryptocurrency exchange Binance offered a lifeline to [...]

In today’s ExchangeWire news digest: Meta reduces its workforce by about 13% as Mark Zuckerberg concedes the company’s revenue was “much lower than expected”; FTX sits on the brink of collapse after its merger with Binance falls through; and Disney+ [...]

In today's ExchangeWire news digest: FTX agrees to merge with Binance; a new antitrust complaint launches against Microsoft in Europe; and TikTok overhauls its US operations against a slumped digital advertising industry. Crypto Giants Binance and FTX Merge Two of the world’s [...]

In today's ExchangeWire news digest: Meta prepares to cull its 87,000-strong workforce; Walmart-owned Flipkart to cut back on M&A and hiring as losses increase in India; and research reveals billions of dollars have been spent on metaverse real estate over [...]

This week: Elon Musk takes control of Twitter (well, sort of...), new EU legislation could open up app buying and messaging... This week, ad tech was dominated by the exploits of Twitter’s new honcho Elon Musk, who threatened to raise the [...]

In today's ExchangeWire news digest: Amazon freezes hiring for ad business after disappointing Q3 results; Meta trials minting and selling NFTs on Instagram in the US; and the BBC overhauls local radio to become more “digital-led”.   Amazon suspends hiring for ad [...]

In today's ExchangeWire news digest: a meme tweeted by Elon Musk sees Dogecoin's value soar by USD$2bn (~£1.7bn); Chinese retail giant Shein is set to open a physical shop in Japan; and the FTC orders edtech giant Chegg to inform [...]

This week: the newest report from WARC forecasts 9.2% growth for the UK's advertising market, Spotify reports burgeoning users and revenue... Results and readjustments weaved throughout adland this week. The latest WARC report predicted the UK ad market would reach £35bn [...]

In today's ExchangeWire news digest: Singapore's High Court justice rules that NFTs qualify as property; the UK's FCA prepares to examine the financial regulation of big tech firms; and Apple reveals more ads are coming to the App Store.   Singapore High [...]

In today's ExchangeWire news digest: Binance loses up to USD$500m (~£450.5m) to hackers; a new report from Meta reveals up to a million Facebook passwords may have been stolen; and a financial report from ByteDance shows the company experienced significant [...]