Weekly Roundup: Europe

• Disney Bumps Streaming Prices; China’s CCDI Extends 'Big Fund' Probe

  3 years ago News

  

  In today's ExchangeWire news digest: Disney announces it will increase the prices of its streaming services; China’s CCDI launches three new investigations relating to the country's 'Big Fund'; and a chatbot developed by Meta has said the company "exploits people [...]

  Artificial IntelligenceChinaMetaRegulationStreamingVOD

• Musk Sells Tesla Shares Ahead of Twitter Legal Battle; Australia to Trial Central Bank Digital Currency

  3 years ago News

  

  In today's ExchangeWire news digest: Elon Musk sells off Tesla shares ahead of his legal battle with Twitter; Australia's central bank reveals plans to trial central bank digital currency; and President Biden announces a USD$280bn (£232bn) investment in US high [...]

  AustraliaCryptocurrencyDigitalElon MuskTwitter / X

• Snapchat Launches New Tool for Parents to Monitor Children's Accounts; Cox Enterprises to Acquire Axios

  3 years ago News

  

  In today's ExchangeWire news digest: Snapchat launches 'Family Centre' to give parents some access to their children's online activities; Axios is acquired by its most recent lead investor, Cox Enterprises; and Lyft forms Lyft Media to enhance its advertising offerings.   Snapchat’s [...]

  AdvertisingDigitalNewsSnapchat

• SoftBank Drops $23bn in Q2 2022; Amazon Purchases Roomba-Maker in Step Towards Robotics

  3 years ago News

  

  In today's ExchangeWire news digest: Japan's SoftBank reports losses of USD$23.4bn (£1.93bn) in Q2 2022; Amazon purchases robotics firm iRobot Corp; and Facebook announces it will shut down its live shopping feature this autumn.   SoftBank reports loss of USD$23.4bn SoftBank Group has [...]

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• SoftBank Raises USD$22bn as it Reduces Alibaba Stake; UK Ministers Urged to Ditch TikTok 

  3 years ago News

  

  In today's ExchangeWire news digest: SoftBank raises USD$22bn as it sells off Alibaba stake; senior UK ministers are urged to leave TikTok due to data privacy concerns; and Binance names Yi He as the new head of its VC arm [...]

  AlibabaAppointmentSoftBankTikTokUKWeb3

• SEC Charges 11 Over Crypto Ponzi Scheme; TikTok to Overtake Facebook on Influencer Marketing Spend

  3 years ago News

  

  In today's ExchangeWire news digest: the SEC charges 11 individuals for their roles in an international crypto Ponzi scheme; TikTok is predicted to surpass Facebook on influencer marketing spend before the end of the year; and Jack Ma steps down [...]

  ChinaCryptocurrencyFacebookIPOLegalTikTok

• European Commission Called to Charge Big Tech for Network Costs; UAE to Form Committee to Develop Digital Economy

  3 years ago News

  

  In today's ExchangeWire news digest: European regulators face calls to charge tech firms for network costs; the UAE Cabinet approves the formation of  a new committee to develop a digital economy in the country; and Apple plans to place ads [...]

  AdvertisingAppleBig TechEuropeMiddle East

• TikTok Ventures into Music; Indonesia Blocks Access to Online Services Over Moderation Laws

  3 years ago News

  

  In today's ExchangeWire news digest: ByteDance ventures into music with "TikTok Music"; the Indonesian government bans numerous online services for violating the country's content laws; and Spotify signals a move to audiobooks by purchasing Findaway.   TikTok moves towards music streaming ByteDance, the [...]

  AudioLegalStreamingTikTok

• Google Delays the Phase-Out of Third-Party Cookies; Alibaba Strives for Primary Listing in Hong Kong

  3 years ago News

  

  In today's ExchangeWire news digest: Google sets the deprecation of third-party cookies back to 2024; Alibaba aims for primary listing in Hong Kong; and Bristol-based metaverse start-up Condense Reality raises £3.7m.   Google holds off on blocking third-party cookies to test APIs Tech [...]

  ChinaCookiesFundingGoogleMetaverse

• Meta Braces for First Revenue Drop in a Decade; Shopify Slashes Workforce by 10%

  3 years ago News

  

  In today's ExchangeWire news digest: Meta investors prepare for a drop in revenue as the company revamps its platforms to compete with TikTok; Shopify prepares to cut its workforce by about 10%; and contextual advertising company Seedtag amasses €250m (£211m) [...]

  AIecommerceFundingMetaRevenue