In this weekly segment, ExchangeWire sums up key industry updates in ad tech from around the globe. In this edition: the Australian government gives a $5m boost to struggling newswire AAP; Oracle announces that ByteDance will have no stake in TikTok Global; China slams Oracle and Walmart’s acquisition of TikTok’s US arm as “extortion”; and the EU extends its probe into Google’s planned acquisition of Fitbit.   Australian government commits $5m to AAP The Australian government has stepped in to provide financial support for [...]

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In today’s ExchangeWire news digest: Oracle states that ByteDance will have no ownership over  newly-formed TikTok Global; research from eMarketer reveals that the number of Americans giving up pay TV is growing; and Amazon releases a new e-commerce offering with a VR feature.   ByteDance to be omitted from TikTok Global, says Oracle   TikTok Global will be completely divested from original parent company ByteDance, according to a statement issued by executives at Oracle on Monday. The new iteration of the popular short-form video [...]

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In today’s ExchangeWire news digest: the Federal Trade Commission could reportedly file an antitrust suit against Facebook before the year is out; China reports its 5G users have climbed to over 110 million; and The Washington Post and Financial Times team up to offer joint digital subscriptions.   FTC predicted to file antitrust lawsuit against Facebook   The US’s Federal Trade Commission (FTC) is believed to be preparing to file an antitrust lawsuit against Facebook by the end of this year. The anticipated legal [...]

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In today’s ExchangeWire news digest: Oracle wins the bid to take over TikTok’s US operations, but reports have surfaced that it will not be permitted to use the app’s original source code; Facebook lodges a fresh appeal to delay the termination of the EU-US Privacy Shield; and Google partners with CRA to integrate Australian radio into its Nest devices.   Oracle wins TikTok bid, but ByteDance guards source code   After weeks of speculation around the future of TikTok in America, parent company ByteDance [...]

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In today’s ExchangeWire news digest: TikTok prepares to bring legal action against the US government over president Trump orders for the app to be banned; trade body Digital Content Next joins the campaign against Apple’s App Store policies; and Australia sees online advertising revenue fall by 12% across Q2 2020.   TikTok launches legal action against the US government   TikTok is reportedly planning to file a lawsuit against the US government over its plans to ban the short-form video app from the country. [...]

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In today’s ExchangeWire news digest: experts warn that new restrictions imposed by the US government against Huawei could disrupt the global tech supply chain; Havas Media Group becomes the first media agency to join Prebid; and JCDecaux launches a new offering to nurture a return to OOH advertising.   Heightened US restrictions on Huawei may disrupt tech supply chain   A fresh wave of restrictions against Chinese tech firm Huawei could lead to mass disruption to the global supply chain. New measures imposed by [...]

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In this weekly segment, ExchangeWire sums up key industry updates in ad tech from around the globe. In this edition: ByteDance and Microsoft are reportedly working on a deal to salvage TikTok in the US; UK ad spend drops by £1.1bn in response to COVID-19; the EU launches a probe into Google’s acquisition of Fitbit; and the US government sets out plans for a ‘clean network’ that will further distance China from the country’s cyberspace.ByteDance hurries to push TikTok-Microsoft deal   ByteDance, [...]

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In today’s ExchangeWire news digest: ByteDance attempts to salvage TikTok’s US operations via a deal with Microsoft; Google sees its ads revenue decline for the first time ever as Coronavirus continues; and India’s smartphone production incentive scheme receives interest from Apple and Samsung.   ByteDance hurries to push TikTok-Microsoft deal   ByteDance, the Chinese tech firm behind TikTok, is reportedly rushing to persuade the US government to allow it to sell the short-form video app to Microsoft. The Beijing-based tech giant has allegedly told [...]

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In today’s ExchangeWire news digest: Tencent causes Sogou’s stock prices to double after proposing to purchase its remaining shares; research by AppsFlyer finds that mobile and gaming ad fraud are down, but still a threat; and Japan makes moves to ban Chinese-based apps over security concerns.     Tencent proposes buying out Chinese search engine Sogou   China’s largest technology conglomerate, Tencent, has offered to buy the remaining stock of the country’s second-largest search engine, Sogou. Sogou’s stock price doubled by Monday (27th July) after [...]

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In today’s ExchangeWire news digest: the Australian advertising watchdog launches a federal suit against Google for its data practices; Ofcom faces mounting pressure to ban state-owned Chinese news broadcaster CGTN; and India extends its ban to a further 47 apps, with another 275 reportedly under investigation.   ACCC files suit against Google over data practices   The Australian Competition and Consumer Commission (ACCC) has launched federal court proceedings against Google over its data gathering practices. The industry watchdog alleges that the US-based tech giant [...]

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