Weekly Roundup: Europe
Metaverse Campaign Launched by Huobi; Swiggy Raise USD$700m
In today's ExchangeWire news digest: Huobi Global have launched a new initiative to fund metaverse developments; Swiggy have raised USD$700m (£519m) in a Series K round; and 6sense have just completed a USD$200m (£148.3m) Series E funding round just 10 [...]
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Google and Facebook Conspire in Secret Deal; Carousell Media Group Launch "Recommerce" Platform
In this weekly segment, ExchangeWire sums up key industry updates in media, marketing, and commerce from around the globe. In this edition: An illegal deal between Facebook and Google has come to light in the third amended complaint in the [...]
Crypto.com Data Breach Confirmed; Marfeel Violate Privacy Policies
In today's ExchangeWire news digest: Crypto.com's CEO, Kris Marszalek, confirms data breach in Bloomberg TV interview; Marfeel have been accused of violating IAB privacy policies and GDPR regulations by Confiant; and Carry1st have raised USD$20m (£14.7m) in a Series A [...]
Microsoft Shock the Industry with Acquisition; “The Surveillance Advertising Business Model is Broken” - Rep. Eshoo
In today's ExchangeWire news digest: Microsoft have agreed to buy Activision Blizzard in an all-cash deal worth $68.7bn (£50.57bn); a new bill has been introduced to limit advertising platforms from using personal information to target ads; Animoca Brands have raised [...]
Carousell Media Group Launch "Recommerce" Platform; Apple Comply With Dutch Ruling
In today's ExchangeWire news digest: Carousell Media Group have launched Connect, a "recommerce" programmatic buying platform; Apple have complied with a Dutch ruling ordering the tech giant to allow developers of dating apps to offer alternative payment methods; and Mio [...]
Google and Facebook Conspire in Secret Deal; TikTok Consumer Spending Peaked in 2021
In today's ExchangeWire news digest: An illegal deal between Facebook and Google has come to light after a group of US states have filed their third amended complaint; TikTok consumer spending reached USD$2.3bn (£1.7bn) in 2021; and Bolt have raised [...]
China Booming Despite Strict Crackdown; Twitter Receive Green Light from Nigeria
In today's ExchangeWire news digest: China's tech industry is booming despite strict crackdown pressures from the government; Twitter's ban in Nigeria has been lifted; and Turnip raise USD$12.5m (£9.1m) in a Series A round. Where are China heading in 2022? 2021 saw [...]
Take-Two Buy Zynga in Hefty Deal; European Parliament Violate GDPR
In today's ExchangeWire news digest: Take-Two Interactive have agreed to buy all of the outstanding shares of FarmVille developer Zynga in a cash-and-stock deal; the European Parliament have been reprimanded for breaching GDPR regulations; and Apple have submitted plans to [...]
Paytm Shares Plunge to Rock Bottom; The New York Times Agree to Purchase The Athletic
In today's ExchangeWire news digest: Shares of Paytm have dropped 6% to a record low, from ₹1,226 (£12.2) to ₹1,155 (£11.5); The New York Times announce they have agreed to purchase The Athletic for USD$550m (£405.1m); and Sega executives re-consider [...]
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