Weekly Roundup: Europe
Facebook Threatens to Leave Europe; Google Faces €2.1bn Over Shopping Antitrust Lawsuit
In today's ExchangeWire news digest: Facebook threatens to withdraw from Europe if data-sharing with its US operations ends; Google faces a new lawsuit of at least €2.1bn (£1bn) over shopping antitrust case; and Innovid acquires TVSquared for USD $160 million (£118m). Facebook Threatens [...]
Amazon's Stock Erupts; European Tech Fund Introduced by Finance Minister
In today's ExchangeWire news digest: Amazon's stock rocketed 13.5% on Friday (4 February), marking their best one-day gain since 2015; French Finance Minister Bruno Le Maire announced the launch of a new €1bn (~£846.9m) European tech fund; and tech giants [...]
The Conseil d'Etat Upholds €100m Fine Against Google; Sony to Buy Bungie in a USD$3.6bn Deal
In this weekly segment, ExchangeWire sums up key industry updates in media, marketing, and commerce from around the globe. In this edition: the Conseil d’Etat upholds a €100m fine against Google; Sony to buy Bungie in a deal worth USD$3.6bn; [...]
IAB Europe Fined for TCF Privacy Breaches; Meta Stock Market Value Drops by $20bn
In today's ExchangeWire news digest: the IAB's Transparency and Consent Framework has been deemed GDPR non-compliant by the DPA; Meta's market price plummets by $20bn as its daily active users drop; and mental health helpline, Crisis Text Line, ends its [...]
EU to Rival China with New Tech Standards; Alphabet Reports Surprise Search Ad Revenue Surge
In today's ExchangeWire news digest: the EU plans new international tech standards to rival China; Google parent, Alphabet, reports an unexpected surge in Search Ad Revenue; and WPP and Instacart partner to offer measurement tools and advertising solutions for CPG [...]
Sony Follow in Microsoft's Footsteps; The Crypto Market Sees New Investment
In today's ExchangeWire news digest: Sony have announced they will buy Bungie in a deal worth USD$3.6bn (~£2.7bn); FTX raise USD$400m (~£296.4m) in new investment supported by SoftBank and Ontario Teachers’ Pension Plan; and the Q-commerce market sees rapid expansion [...]
Huobi Global Launch Metaverse Fund; Google Track User Locations
In this weekly segment, ExchangeWire sums up key industry updates in media, marketing, and commerce from around the globe. In this edition: Huobi Global have launched their Lunar New Year campaign to encourage the development of the metaverse; Attorney General [...]
Google Scrapping FLoC Amid Privacy Concerns; Shein Rejuvinating IPO Plans
In today's ExchangeWire news digest: Google scrap plans to launch FLoC, alternatively promoting a new cookie replacement Topics; Shein are reportedly reviving plans to go public after abandoning initial developments last year; and Koji have raised USD$20m (~£14.8m) in a [...]
Google Tracking Users' Location “Since at Least 2014”; ESL Gaming and FACEIT Merge
In today's ExchangeWire news digest: Attorney General Karl Racine has sued Google for making it hard for users to prevent the tech giant from tracking their location; ESL Gaming and FACEIT have merged after Savvy Gaming Group bought both platforms; [...]
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