Weekly Roundup: Europe
Alibaba Increase Buyback Scheme to Woo Investors; YouTube To Stream Ad-Supported TV
In today's ExchangeWire news digest: Alibaba try to boost investor confidence by increasing their buyback scheme; YouTube announce they will now stream ad-supported TV for US viewers; and BuzzFeed respond to investor concerns with plans to shrink their news division. Alibaba increase share [...]
Apple Under the Microscope Again over Dating App Payments; Grubhub Accused of “Deceptive Trade Practices”
In today's ExchangeWire news digest: Apple have been fined again over third-party payment options in relation to dating apps; Attorney General Karl Racine has filed a lawsuit against Grubhub over “deceptive trade practices”; and TripleLift have announced they are acquiring [...]
The ACCC take Meta to Court; Reliance Retail Acquires Majority Stake in Clovia
In today's ExchangeWire news digest: Meta have been taken to court by the ACCC over failing to regulate misleading ads on Facebook; Reliance Retail have acquired a majority stake in Clovia; and Powered by People have raised USD$5m (~£3.8m) in [...]
Ad FraudCryptocurrencyE-CommerceFundingLegalMalvertisingMeta
Online Safety Bill Threatens Prison for Social Media Execs; HSBC Enters The Sandbox’s Metaverse
In today's ExchangeWire news digest; the UK government reveals an amended Online Safety Bill to clamp down on harmful online content; HSBC confirm entry to The Sandbox metaverse; and Nielsen face legal action over allegations of misrepresenting data. Online Safety Bill [...]
Publicis Groupe Announce Exit from Russia; Facebook Scope Out the Competition
In today's ExchangeWire news digest: Publicis Groupe announce their exit from Russia; Facebook create a TikTok profile; and ChannelEngine raise USD$50m (~£38.2m) in a Series B round. Publicis Groupe are exiting Russia: “we strongly condemn the unilateral aggression” French-owned advertising agency Publicis [...]
California Attorney General Opines on CCPA; Meta Face Prosecution in South Africa
In today's ExchangeWire news digest: California's Attorney General opines that the CCPA applies to internally generated inferences; Meta face legal action in South Africa over anti-competitive behaviour; and Indonesia's GoTo announces plans to raise an initial public offering of USD [...]
Meta & Google Face New Antitrust Probe; Russia Bans Instagram Over “Calls to Violence”
In today's ExchangeWire news digest; Meta and Google face new investigation from UK and EU regulators; Russia bans Instagram for enabling "calls to violence"; and JD Logistics buy Deppon Logistics for ¥9bn. EU & UK investigate Meta and Google deal EU and [...]
Netflix Halts Service in Russia; Amazon Purchases E-Commerce Software Start-Up, Veeqo
In this weekly segment, ExchangeWire sums up key industry updates in media, marketing, and commerce from around the globe. In this edition: Netflix halts its service in Russia following Ukraine invasion; Amazon’s acquisition of Veeqo confirmed; China APT41 breaches six [...]
Amazon Accused of Obstructing US House Probe; Twitter Turns to Dark Web to Bypass Russia’s Block
In today's ExchangeWire news digest; US House probe accuses Amazon of obstructing its investigation into Big Tech; Twitter launches a privacy-protected version of its site to evade Russian surveillance; and the UK government updates its Online Safety Bill to target scam [...]
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