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Mark Zuckerberg Told Facebook Staff In 2018 To 'Inflict Pain' On Apple: Report
Sunday, February 14, 2021 - 8:40am | 354The Wall Street Journal reported yesterday that Facebook, Inc. (NASDAQ: FB) CEO Mark Zuckerberg had harsh words for Tim Cook’s Apple Inc (NASDAQ: AAPL) back in 2018, amid a long-standing spat between the two firms. What Happened: The most recent episode in the feud involves privacy...
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YouTube To Do Away With Full-Day 'Masthead' Advertising Starting Next Year
Tuesday, November 3, 2020 - 2:13am | 400Alphabet Inc’s (NASDAQ: GOOG) (NASDAQ: GOOGL) video streaming service YouTube will not sell full-day masthead advertisements beginning next year, CNBC reported Monday. What Happened: The coveted advertisement spot on the home page will only be available on a per-impression basis beginning...
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Ad Company MediaAlpha Skyrockets 67% On Trading Debut
Thursday, October 29, 2020 - 3:25am | 311The shares of MediaAlpha Inc (NYSE: MAX), a technology-powered advertisement and marketing company, skyrocketed 67% during their trading debut on Wednesday. MediaAlpha is a subsidiary of White Mountains Insurance Group Ltd (NYSE: WTM) and operates through QL Holdings LLC and its subsidiary...
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As NFL Plays On During Coronavirus Pandemic, Strong Ad Rates Put Broadcasters In Spotlight
Thursday, September 10, 2020 - 4:30pm | 704The NFL season kicks off Thursday night and is bringing strong advertising rates for its broadcast and streaming partners. The Players: NBC, a Comcast Corporation (NASDAQ: CMCSA) company, will air Sunday Night Football games and also has the rights to the Sept. 10 NFL Kickoff game. Fox, a 21st...
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Ad Trends Are Shifting In Roku's Favor, Says Bullish Wells Fargo
Tuesday, September 8, 2020 - 11:39am | 362The bullish case for Roku Inc (NASDAQ: ROKU) is based on scale and advertising technology that should result in better-than-expected average revenue per user growth, according to Wells Fargo. The Roku Analyst: Steven Cahall initiated coverage of Roku with an Overweight rating and $215...
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What Investors Should Know About Facebook's Limited Political Ads Ban
Thursday, September 3, 2020 - 3:05pm | 450Facebook (NASDAQ: FB) founder and CEO Mark Zuckerberg announced Thursday new ways the company says it will help in securing the integrity of the 2020 U.S. presidential election. What Happened: In a Facebook post, Zuckerberg said the company would “block new political and issue ads during...
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Facebook Says iOS 14 Will Hurt Its Business Model, Expects Audience Network Revenue To Drop 50%
Thursday, August 27, 2020 - 12:29am | 477Facebook Inc (NASDAQ: FB), in a statement Thursday, claimed Apple Inc's (NASDAQ: AAPL) latest operating system for iPhone devices will make it harder to track user data across apps, and thus, impact targeted advertising on its platform. What Happened: The Mark Zuckerberg-led company...
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What Can Blockchain Really Do for Advertising? A Perfect Use Case With SaTT
Friday, August 7, 2020 - 10:37am | 931In a highly competitive and rapidly digitizing business ecosystem, advertising plays a major role in a brand’s success. So much so, that according to MarketingDive, global ad spending was expected to grow at 5%, reaching $600 billion by the end of 2019, nearly half of which was to come from...
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Zuckerberg Tells Facebook Employees He's Not Going To Change Policies In Response To Advertiser Boycott
Thursday, July 2, 2020 - 3:52am | 457Facebook Inc (NASDAQ: FB) CEO Mark Zuckerberg weighed in on the growing advertising boycott centered around the company and told employees that he was reluctant to bow to pressure and was not worried about the withdrawal of advertisers. What Happened The Facebook chief executive said, “We...
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Facebook Ready For An Audit On Hate Speech In An Effort To Address Advertiser Concern
Wednesday, July 1, 2020 - 1:38am | 398In a call with advertisers on Tuesday, Facebook Inc (NASDAQ: FB) said it is ready for an audit on how it tackles hate speech. What Happened In an effort to address the concern of advertisers, Facebook has agreed to collaborate with Media Rating Council, a non-profit that audits and...
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Starbucks Pauses All Social Media Advertising In Tandem With Growing Boycott
Monday, June 29, 2020 - 12:23am | 525Starbucks Corporation (NASDAQ: SBUX) is putting all social media advertising on hold as the Facebook Inc (NASDAQ: FB) advertising boycott supported by the #StopHateForProfit campaign picks up pace. What Happened Starbucks said on Sunday that it stands against hate speech, adding,...
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Facebook Analyst Says Verizon Boycott Increases Risk Of 'Snowball Effect'
Friday, June 26, 2020 - 1:17pm | 602Verizon Communications Inc. (NYSE: VZ) has become the latest high-profile company to halt its advertising on Facebook, Inc. (NASDAQ: FB) platforms in support of the “Stop Hate for Profit” civil rights campaign. On Friday, one Wall Street analyst said the advertising boycott could make...
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Verizon Hits The Pause Button On Facebook Advertisements In Support Of Civil Rights Campaign
Friday, June 26, 2020 - 12:57am | 479Verizon Communications (NYSE: VZ) is suspending advertising on Facebook Inc (NASDAQ: FB) and Instagram in support of a campaign to curtail hate speech on the social media platform. What Happened Verizon became the latest entity to come out in support of the “Stop Hate for Profit”...
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California Class Action Seeks More Than $5B In Damages From Google For Allegedly Tracking Data In Incognito Mode
Tuesday, June 2, 2020 - 11:26pm | 406A proposed class action lawsuit was filed against Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) subsidiary Google LLC on Tuesday, alleging privacy violation, Bloomberg reported. What Happened The complaint filed in the United States District Court for Northern District of California claims that...
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Twitter Expects Q1 Operating Loss As Pandemic Hurts Ad Sales
Monday, March 23, 2020 - 9:29pm | 436Twitter Inc. (NYSE: TWTR) on Monday withdrew its earnings guidance for the first quarter of the financial year 2020 as its business is significantly impacted by the novel coronavirus (COVID-19) outbreak. Twitter Withdraws Guidance The social media company said it expects a lower revenue year-on-...