Weekly Roundup: Europe
Mark Zuckerberg Looks in TikTok’s Direction; Guan Data Reveal £33m Series C
In today's ExchangeWire news digest: Meta have launched Facebook Reels worldwide; Guan Data have announced the completion of their ¥280m (~£32.6m) Series C investment led by Tiger Global; and Raydiant have raised USD$30m (~£22.06m) in Series B. Meta launch Facebook Reels [...]
Kin + Carta Bolster Growth with Triple Acquisition; Singtel Explores Sale of Amobee
In today's ExchangeWire news digest: Kin + Carta confirm triple acquisition to enhance growth; Singtel appoints Moelis to explore the potential sale of ad tech subsidiary, Amobee; and Billups announces acquisition of software provider, Outchart. Kin + Carta Pursue International Growth with Strategic Triple [...]
Softbank Face Increased Concerns Over Arm’s IPO; Meta Sued For Breach of Texas State Laws
In this weekly segment, ExchangeWire sums up key industry updates in media, marketing, and commerce from around the globe. In this edition: SoftBank met with increasing concern over Arm's IPO; Meta face legal action over Facebook's facial recognition system; 17 new [...]
Google to Limit Data Tracking on Android Apps; Amazon & Visa Settle Credit Card Fee Dispute
In today's ExchangeWire news digest: Google extends plans to limit data tracking to apps on Android-based smartphones; Amazon reaches a global truce with Visa over credit card fees; and Spotify purchases Podsights and Chartable in double acquisition. Google to limit data [...]
China Progress in the Metaverse Space; The Trade Desk Confront Google
In today's ExchangeWire news digest: China’s Metaverse Industry Committee have admitted 17 new firms; The Trade Desk announce OpenPath as a new tool to compete with Google's ad business; and Jio Platforms invest USD$200m (~£147.4m) into Glance's software. China's metaverse group [...]
Meta Sued Over Facebook Facial Recognition System; EPC Complaint Targets Google Ad Tech
In today's ExchangeWire news digest: Meta faces legal action over claims Facebook's facial recognition system collected data without consent; the EPC targets Google's ad tech in new antitrust complaint; and TikTok expands their team of content moderators in Europe to tackle harmful content. Meta sued in [...]
SoftBank Face Third Conflict With Allen Wu; The CMA to Babysit Google's Privacy Sandbox
In today's ExchangeWire news digest: SoftBank are facing a third legal fight with the head of their Chinese joint venture, Allen Wu; the CMA will oversee the development of Google's Privacy Sandbox after legally binding commitments were agreed; and a [...]
Amazon’s Stock Skyrockets; Facebook Threatens to Leave Europe if Data-Sharing with US Ends
In this weekly segment, ExchangeWire sums up key industry updates in media, marketing, and commerce from around the globe. In this edition: Amazon’s stock reaches best single-day gain in 7 years; Facebook makes - and then downplays - threats to [...]
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Microsoft Pledges to Play Fair to Secure Activision Deal; TikTok Doubles Ad Spend
In today's ExchangeWire news digest: Microsoft pledges to play fair to secure USD $75bn (£55bn) Activision deal; AdTech consolidation reaches 29%, as TikTok doubles ad spend; and IDG Comms purchases Selling Simplified. Microsoft Promises to Play Fair to Secure Activision Deal Microsoft has pledged open [...]
SoftBank Discuss Arm IPO; Meta's Oversight Board Advise Tighter Protection Against Doxing
In today's ExchangeWire news digest: SoftBank announce plans for Arm's IPO after the merger between Nvidia and Arm terminated; Meta's Oversight Board have advised that the platform should have a stronger stance against doxing; and Shopware have raised USD$100m (~£73.66m) [...]
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