In today's ExchangeWire news digest: secret talks between Apple and Facebook to "build a business together" revealed; Unity turns down AppLovin's unsolicited purchase offer; and Nexstar to acquire the CW Network.
Apple and Facebook secret talks revealed
A report from the Wall [...]
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 [...]
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 [...]
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 [...]
This week: the CMA approves a merger between Warner Bros. Discovery and BT Group, Alibaba shutters its online retailer Tmall...
It's been a week of real highs and lows across the ad tech sector. In the UK, the Competition and Markets [...]
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) [...]
In today's ExchangeWire news digest: DiDi Global receive an almost £1bn fine over their data practices; Meta reportedly reallocate resources from news to building a creator economy; and Google announce a two-week hiring freeze.
DiDi Global fined nearly £1bn by CAC
Ride-hailing [...]
In today's ExchangeWire news digest: the CMA review their decision to block Meta's acquisition of Giphy; Apple face a lawsuit accusing them of abusing their dominance in the digital payments market; and more advertisers bring agency work in-house.
CMA to reconsider [...]
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 [...]
In today's ExchangeWire news digest: Amazon strikes a three-year deal to broadcast live European Champions League games in the UK; Meta rolls out digital collectibles on Facebook with a small group of US creators; and Klarna's valuation crashes to its [...]
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