Weekly Roundup: Europe
Alibaba Shuts Down Online Retail Platform Tmall; Tremor International to Buy Amobee for $239m
In today's ExchangeWire news digest: Chinese ecommerce giant Alibaba to shut down online platform Tmall; Tremor International purchases Amobee for USD$239m (£198.7m); and Amazon advances into the healthcare sector by purchasing One Medical. Alibaba to close Hong Kong’s Tmall Ecommerce behemoth Alibaba [...]
CMA Approves Warner Bros. Discovery & BT Group Merger; Twitter Spent $33m on Failed Musk Deal
In today's ExchangeWire news digest: the CMA approves a merger between Warner Bros. Discovery and BT Group; Twitter reveals the financial cost of Musk's scrapped takeover; and a tech-licensing deal between the University of Manchester and a Chinese firm is [...]
Deliveroo cuts UK sales forecast; India continues crackdown on Chinese phone makers
In today's ExchangeWire news digest: Deliveroo cuts it's UK sales forecast; India continues to crack down on Chinese phone makers; and the FTC fields calls to investigate the VPN industry. Deliveroo cuts UK sales forecast The cost of living crisis has started [...]
Twitter Sues Musk for Abandoning Takeover; Netflix Strides Towards Ads
In this weekly segment, ExchangeWire sums up key industry updates in media, marketing, and commerce from around the globe. In this edition: Twitter launches legal action against Elon Musk after the billionaire rescinds his buyout offer; Netflix forges a new [...]
Netflix Partners with Microsoft to Develop Ad-Supported Subscription; Spotify Acquires Heardle
In today's ExchangeWire news digest: Netflix chooses Microsoft to co-develop its ad-supported tier; Spotify buys music trivia game Heardle; and Google retaliates to legal action from Match by launching a counter complaint. Netflix partners with Microsoft for ad-supported tier Netflix has partnered [...]
Twitter Sues Musk over “Elaborate Joke” Takeover; Google Slows Hiring Amid “Uncertain” Outlook
In today's ExchangeWire news digest: Twitter sues Elon Musk after the billionaire scraps his offer to buyout the company; Google slows down hiring as the possibility of a recession grows; and the European Commission is urged to investigate its former [...]
Netflix Searches for Exec to Lead Ad-Supported Tier; Meta Cracks Down on "Low Performing" Staff
In today's ExchangeWire news digest: Netflix searches for a new exec to lead its venture into ad-supported content; Meta's head of engineering urges managers to weed out low performers; and EE becomes the first mobile network operator to block pirate [...]
Musk May be Forced to Complete Twitter Takeover; Google Attempts to Placate DoJ with Voluntary Concessions
In today's ExchangeWire news digest: Elon Musk may be forced to complete the Twitter buyout he walked away from last week; Google offers several compromises to prevent a potential antitrust lawsuit; and Atlassian abandons the UK for broader opportunities in [...]
Amazon Scores Deal to Livestream European Champions League; TikTok Shelves Livestream Shopping Plans for Europe & US
In this weekly segment, ExchangeWire sums up key industry updates in media, marketing, and commerce from around the globe. In this edition: Amazon closes a three-year deal to livestream the European Champions League; TikTok suspends its plans to take 'TikTok [...]
Amazon Woos Influencers to Crack Livestream Shopping; EU Considers Restricting Political Ad Targeting
In today's ExchangeWire news digest: Amazon attempts to crack the livestream shopping market by currying favour with influencers; the EU Parliament proposes limitations on political ad targeting; and the CMA announces an investigation into Microsoft's purchase of Activision Blizzard. Amazon turns [...]
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