In today’s ExchangeWire news digest: cloud marketing software company Salesforce acquires Slack for over $27bn, the largest purchase in the firm’s 21-year history; Facebook buys customer-service start-up Kustomer for USD $1bn; and Italy’s AGCM fines Apple €10m after ruling that the company misled customers in some of their iPhone ads.   Salesforce buys Slack for $27bn Marketing cloud vendor Salesforce has acquired Slack for over USD $27bn (£20.2bn) in what is the largest deal in the company’s history. Announcing the move in Tuesday [...]

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In today’s ExchangeWire digest: EU criticised for slow antitrust action against big tech firms; ad tech trio PubMatic, Magnite, and Index Exchange, join the Unified ID 2.0 initiative; and brand performance marketing platform Launchmetrics acquires Parklu. EU criticised for slow big tech action The EU has been too slow to respond to anticompetitive threats imposed by big tech companies such as Google, Facebook, and Apple, as well as lacks the legal firepower to intervene appropriately, according to a newly-published report by the [...]

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In today’s ExchangeWire news digest: the CPRA passes into law thanks to a narrow majority; Netflix trials a new linear channel in France; and Apple introduces “nutrition labels” to make apps’ privacy policies clearer.   CPRA passes vote The people of California have voted in favour of the California Privacy Rights Act (CPRA). Passing with a slim majority of 56%, the CPRA will replace the pre-existing California Consumer Privacy Act (CCPA) which was introduced in 2018. The new Act, which seeks to amend some [...]

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In this weekly segment, ExchangeWire sums up key industry updates in ad tech from around the globe. In this edition: MetaX Software makes its debut at Brazil’s ProXXIma, where it discusses the opportunity offered by CTV; the ACCC publishes its interim report on the dominance of digital platforms; a report from Social Bakers finds that Q3 social media ad spend rose by over 50%; an investigation by Blotout alleges that Apple has violated its Safari browser’s WebKit policies by enabling [...]

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In today’s ExchangeWire news digest: DoubleVerify raises USD$350m (£269m) ahead of potential IPO; Apple sued by French advertising trade groups over IDFA changes; and Pinterest revenue climbs by 58%. DoubleVerify raises USD$350m (£269m) ahead of potential IPO Digital media verification and analytics firm DoubleVerify has announced that it has secured USD$350m (£269m) in a funding round led by Tiger Global Management, with support from Fidelity Management & Research, BlackRock, funds managed by Neuberger Berman Investment Advisers, and others. The injection will be [...]

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In today’s ExchangeWire news digest: Apple and Adobe in privacy workaround; Sonobi secures Cohere Capital investment; and Omnicom revenue falls by 11.7%. Apple and Adobe in alleged privacy workaround Apple has enabled user-level tracking for Adobe, in direct violation of its WebKit policies for its Safari browser, via a CNAME subdomain workaround, according to an investigation by data analytics firm Blotout. According to the findings, Apple has allowed Adobe to act as a first-party through the securemetrics.apple.com subdomain, which certificate is registered [...]

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The dominance of the world’s biggest tech firms has become an issue that is impossible to ignore. Posing threats to innovation, competition, and even democracy, the Big Four (Google, Amazon, Apple, and Facebook) and their peers are under keener scrutiny than ever before. Whilst lawmakers have the power to take these firms to court, what part can the ad tech industry play in curbing the might of Big Tech? Valbona Gjini (pictured below), marketing director at ID5 gives her perspective [...]

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In today’s ExchangeWire news digest: the EU Commission appeals against the General Court’s ruling to drop a $15bn tax fine against Apple; a US federal court rules to hold off on banning TikTok; and Essence is appointed Frip’s integrated media agency in South Korea.   EU appeals decision to drop $15bn Apple fine   The European Commission has announced that it plans to appeal a ruling that saw a USD $15bn (£11.6bn) fine against Apple and the Republic of Ireland overturned. The Commission believes [...]

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In today’s ExchangeWire news digest: the WFA announces the launch of a solution to help advertisers measure their campaigns’ effectiveness across different media; Apple draws the ire of app developers after announcing the launch of iOS 14 with less than a day’s notice; and Google faces probing questions at an antitrust subcommittee hearing on Tuesday.   WFA announces Cross Media Measurement Solution   The World Federation of Advertisers (WFA) has revealed that it has developed a dual cross-media measurement framework and technical solution for [...]

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In today’s ExchangeWire news digest: the US DOJ is expected to file an antitrust suit against Google by the end of September; Apple holds off on making changes to its IDFA; and the AAP launches a crowdfunding campaign to bolster its revenues amidst increased competition.   DOJ antitrust suit against Google impending   The US Department of Justice (DOJ) is expected to file a long-anticipated antitrust suit against Google within a matter of weeks. The suit, which will come off of the back of [...]

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