In today’s ExchangeWire news digest: Amazon introduces contactless biometric payment system, Amazon One; Google seeks to reassure the EU Commission that its acquisition of Fitbit will not risk user privacy or harm market competition; and US TV advertising spend is projected to slip $5bn by 2023.   Amazon launches Amazon One biometric payment system   E-commerce giant Amazon has introduced a new payment system that will allow customers to use their palm to make purchases at its Go stores. Shoppers will initially have to [...]

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In today’s ExchangeWire news digest: Disney sells TrueX, the ad tech company it acquired as part of its purchase of 21st Century Fox, to Gimbal; a study from the Pew Research Centre finds that over a quarter of US adults get their news from YouTube; and the Evening Standard launches a new digital advertising offering as part of its revamped platform.   Disney sells TrueX ad tech firm to Gimbal   Disney is selling ad tech company TrueX to location-based ad tech firm Gimbal. [...]

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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 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: EU antitrust regulators have had the deadline for their probe into Google’s purchase of Fitbit extended; research finds that Australian consumers are increasingly worried about the security and misuse of their data; and content marketing revenues are expected to decline by almost 7% in the US.   EU antitrust investigation into Google’s Fitbit acquisition extended   The European Union’s antitrust regulators have been given more time to decide whether or not to approve Google’s plans to acquire Fitbit. The [...]

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In today’s ExchangeWire news digest: China denounces the US TikTok deal as “extortion”; Facebook warns it may have to leave the EU if it enforces a ban on data transfers to the US; and the UK sees its first tech sector trade union.   China denounces TikTok deal as ‘extortion’   China has denounced the prospective deal between ByteDance and US firms Oracle and Walmart to keep TikTok in America, calling it “unfair” and “dirty”. The arrangement, which will purportedly see Beijing-based ByteDance booted [...]

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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 this weekly segment, ExchangeWire sums up key industry updates in ad tech from around the globe. In this edition: Oracle wins the bid to become TikTok’s US partner, but it’s revealed that it won’t be given the app’s original source code; digital publishers in Australia unite to express their fear that the ACCC’s News Media Bargaining Code could threaten diversity in the sector; sources predict that the FTC could be ready to file an antitrust lawsuit against Google by [...]

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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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