Weekly Roundup: Europe
EU Accuses Apple of Violating Competition Law; UK Set to Shelve Plans for New Tech Regulator
In this weekly segment, ExchangeWire sums up key industry updates in media, marketing, and commerce from around the globe. In this edition: the European Commission accuses Apple of restricting rivals’ access to “tap and go” technology; UK ministers are set [...]
Activision Faces Lawsuit over Microsoft Sale; Cameo Cuts Staff a Year into Unicorn Status
In today's ExchangeWire news digest: Activision Blizzard faces legal action over allegations of underselling to Microsoft; Cameo cuts a quarter of its workforce a year after the company was valued at USD$1bn (£798m); and Binance gets the green light from [...]
UK Ministers Shelve Plans for New Tech Regulator; Paramount+ Subs Soar by 6.8 Million
In today's ExchangeWire news digest: the UK abandons plans to empower a new tech regulator; Paramount+ records a surge of 6.8 million subscribers in Q1 2022; and Elon Musk outlines plans to take Twitter public to potential investors. UK government abandons [...]
EU Accuses Apple of Cutting Out Competition; Spanish Prime Minister Targeted by Pegasus Spyware
In today's ExchangeWire news digest; the European Commission has accused Apple of stifling competitors of Apple Pay; Spain's prime minister and minister of defence fall victim to Pegasus spyware; and location data from millions of Grindr users has been sold [...]
Musk & Twitter Board Strike a Deal; UK Ad Spend Marks Record High
In this weekly segment, ExchangeWire sums up key industry updates in media, marketing, and commerce from around the globe. In this edition: Elon Musk strikes a deal to acquire Twitter for USD$44bn; Google-parent Alphabet reveals disappointing growth for Q1 2022; [...]
Leaked Facebook Doc Exposes Lack of Control Over User Data; Samsung Posts Soaring Q1 Profits
In today's ExchangeWire news digest: leaked Facebook doc reveals the company's struggle to manage user data in line with privacy legislation; Samsung reports record-breaking profits for Q1 2022; and Berlin-based Taxfix raises USD$220m (£175m) in a Series D funding round. Leaked doc [...]
Alphabet’s Growth Slows as YouTube Battles Competition; EU Cautions Twitter on Content Laws
In today's ExchangeWire news digest: Alphabet reports slower growth than anticipated as YouTube struggles against competition; the EU warns Twitter must follow content moderation laws as a new Digital Services Act is agreed; and GroupM announces a series of mergers [...]
Musk to Buy Twitter for USD$44bn; Mizuho ‘Unconcerned’ Despite SoftBank Sell-Offs
In today’s ExchangeWire news digest: Twitter accepts Elon Musk’s USD$44bn (£34bn) offer to buy the company; SoftBank lender Mizuho’s chief executive assures he is “totally unconcerned” about the company’s financial health; and APEC’s Cross-Border Privacy Rules Forum (Global CBPR Forum) [...]
Twitter & Musk Meet to Discuss Takeover Offer; Private Equity Firms Eye Ubisoft for Purchase
In today’s ExchangeWire news digest: Twitter meets with Elon Musk to discuss his buyout offer; a report from Bloomberg taps Ubisoft as the latest game studio to be acquired by a private equity firm; and fintech start-up Zenda raises USD$9.4m [...]
AcquisitionElon MuskFintechFundingGamingSocial MediaTwitter / X
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