In today’s ExchangeWire news digest: the French government resumes taxing tech giants as international tax reform talks continue; ViacomCBS sells publishing business Simon & Schuster to Penguin Random House; and the latest DPRI finds that digital publisher revenues fell by less than expected in Q2.   France pursues taxing big tech The French government will go ahead with its plan to tax big tech. The ministry of finance has notified leading tech companies, including Facebook and Amazon, informing them that they will be [...]

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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 today’s ExchangeWire news digest: short-form video streaming platform Quibi closes its doors for good, just 6 months after launching; ViacomCBS announces that its restructuring its senior management team to put streaming front-and-centre; and the US adds a further 6 Chinese news outlets to its “foreign mission” listing.   Quibi closes its doors for good   Short-form content platform Quibi is shutting down after just 6 months of operating. Having been dogged by difficulties since launching in April, it was the company’s failure to [...]

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In today’s ExchangeWire news digest: Chinese holdings firm Alibaba enhances its ecommerce output by increasing its shares in supermarket chain Sun Art; research from Global Market Insights forecasts that the VOD market will reach $175bn by 2026; and the Trump administration renews its campaign to bar new downloads of TikTok within the country.   Alibaba bolsters ecommerce offering with majority stake in China’s Sun Art   Holdings titan Alibaba has announced that it plans to buy a majority stake in supermarket chain Sun Art. [...]

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In this weekly segment, ExchangeWire sums up key industry updates in ad tech from around the globe. In this edition: former Australian prime minister Kevin Rudd launches a petition for an investigation into News Corp; Twilio acquires tech start-up Segment for $3.2bn; Disney turns its attention to bolstering its streaming offering; and US ecommerce jumps to levels unprecedented until 2022.   Former Australian PM calls for royal commission into News Corp   Former Australian prime minister Kevin Rudd has called for a royal commission into [...]

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In today’s ExchangeWire news digest: a restructuring of Disney sees the company turn its focus to its streaming output; Huawei is rumoured to be looking to sell off its budget handset unit, Honor; and research from Ampere Analysis finds that AVOD viewership has increased in the US.   Disney puts streaming at its heart   The Walt Disney Company is directing its energy towards growing its streaming offering, particularly its on-demand platform Disney+. The entertainment behemoth announced on Monday (12th October) that it has [...]

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In today’s ExchangeWire news digest: former Australian prime minister Kevin Rudd petitions for a royal commission into NewsCorp; analysis from PwC reveals that global premium streaming revenues have overtaken worldwide box-office revenues for the first time ever; and Allegro, the newest addition to Poland’s main stock exchange, becomes the country’s most valuable listing.   Former Australian PM calls for royal commission into NewsCorp   Former Australian prime minister Kevin Rudd has called for a royal commission into NewsCorp’s position within the country’s media landscape. [...]

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In today’s ExchangeWire news digest: the head of the EU Commission announces that the competitions authority may make more use of injunctions in order to resolve antitrust cases; Havas Media has launched a global e-commerce offering, Havas Market; and US analysts estimate that Netflix could be slipping from the streaming top spot.   EU Commission chief looks to injunctions to resolve antitrust cases   The European Union’s leading competition official, Margarethe Vestager, has stated that she will pursue using more injunctions in order to [...]

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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: Facebook releases a new feature to accommodate live paid-for events online; the ACCC disputes claims from Google Australia that its revenue code will put the tech giant’s services at risk; and research from Nielsen finds that streaming now makes up a quarter of US TV viewing.   Facebook releases new feature for businesses to host live events online   Facebook has launched Events, a new feature that will enable businesses to host and monetise live events online. In a [...]

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