In this weekly segment, ExchangeWire sums up key industry updates in ad tech from around the globe. In this edition: ShareChat surpass the USD $2bn valuation mark; Germany’s data commissioner seeks a halt to WhatsApp’s impending privacy update; consumers express horror over a new product that “counts” streaming viewers; and the UK’s home secretary joins child protection advocates in calling on Facebook to drop plans to extend end-to-end encryption to Messenger and Instagram.   ShareChat valued at over $2bn after raising $502m [...]

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In today’s ExchangeWire news digest: Indian content-sharing platform ShareChat reach USD $2.1bn in value after a fresh funding round; Ireland’s Data Protection Commission investigate whether Facebook breached GDPR after revelations of a data leak affecting more than 500 million users; and Amazon acquire Perpule, and Indian start-up that helps physical retailers become digital.   ShareChat valued at over $2bn after raising $502m in new funding Indian content-sharing platform ShareChat have broken the USD $2bn (£1.4bn) valuation mark after raising USD $502m (£361.2m) in [...]

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In today’s ExchangeWire news digest: Coupang, “the Amazon of South Korea”, goes public in the US; research from InMobi finds that 60% of India’s adult gamers are aged between 45 and 54; and HBO Max generates USD $80m from upfront deals ahead of the launch of its accompanying ad-supported offering.   South Korean ecommerce giant Coupang files IPO Coupang, the ecommerce company dubbed “the Amazon of South Korea”, have made their debut on Wall Street. The business’s initial public offering (IPO), filed last [...]

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In today’s ExchangeWire news digest: the UK government proposes a bill to officially ban Huawei and sanction non-compliant telcos; the Indian government bans a further 43 apps made by Chinese developers from its cyberspace; and Australia reviews its 1988 Privacy Act as it updates its cybersecurity regulations.   UK telecoms security bill cracks down on network privacy A new piece of legislation which bans Chinese telecoms giant Huawei from working on the UK’s 5G mobile network has been announced. The Telecommunications Security Bill, [...]

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In today’s ExchangeWire news digest: the government of China introduces a draft set of news rules to tackle “monopolistic behaviour” amongst the country’s ecommerce leaders; WhatsApp launches its payment service in India; and Bloomberg Media announces the launch of its 24-hour news network, Bloomberg Quicktake.   Chinese government introduces draft antitrust laws The governing Chinese Communist Party (CCP) has revealed a draft set of rules that aim to combat alleged anticompetitive behaviour by the country’s leading ecommerce companies. The announcement comes just one [...]

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In today’s ExchangeWire news digest: the EU Commission prepares to present new legislation that will impose tighter regulation on Big Tech; WPP merges India-based agency The Glitch with VMLY&R; and SocialCode rebrands as Code3.   EU prepares new regulations for Big Tech   The European Commission is expected to propose a significant revamp of its digital regulation that could pose a credible threat to the business models of leading tech firms. It’s anticipated that the Digital Services Act, which will be presented early next [...]

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In today’s ExchangeWire news digest: the FCC affirms its decision to repeal the net neutrality rules in a 3-2 vote held last Tuesday; IAB Europe’s CEO issues a more detailed response to the DPA’s report that its Transparency and Consent Framework is not compliant with GDPR; and Zenith predicts a boom in video advertising spend in India over the next few years.   FCC stands firm on scrapping net neutrality rules   In the US, the Federal Communications Commission (FCC) has voted to affirm [...]

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In today’s ExchangeWire news digest: US House calls for big tech breakup; Jellyfish acquires Reamp and San Pancho; and Reliance calls off Viacom-18 merger with Sony. US House calls for breakup of big tech The United States House of Representatives antitrust subcommittee has concluded its investigation into the monopolistic practices of the big tech firms, namely Google, Facebook, Amazon, and Apple, deeming that the behemoths are guilty of “gatekeeping” to the detriment of independent third-party companies and consumers. Apple and Amazon have [...]

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In today’s ExchangeWire news digest: Google plans to spend $1bn in licensing fees to acquire news content for its Google News Showcase feature; LUMA Partners publishes its Q3 Market Report, noting signs of recovery; and Google delays imposing a 30% in-app purchase fee on Indian developers as start-ups continue to explore launching a competitor.    Google pledges to pay news publishers $1bn for content   Tech behemoth Google has announced that it intends to pay news publishers USD $1bn (£772.5m) in licensing fees over [...]

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In this weekly segment, ExchangeWire sums up key industry updates in ad tech from around the globe. In this edition: a federal court in the US has ruled to postpone a ban of Chinese-owned video app TikTok; Disney sells TrueX, the ad tech company it acquired as part of last year’s Fox deal, to Gimbal; the EU is reportedly close to approving a deal for Google to purchase Fitbit; and a group of Indian start ups are reportedly considering establishing [...]

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