EU set to open antitrust probe into Facebook’s classified ads business May 26, 2021 The EU is said to be on the brink of opening a formal antitrust investigation into Facebook following complaints from rivals about the platform’s classified ads business. Regulators have already sent questions to Facebook and its competitors asking whether the social media site distorted the classified ads market by promoting its Marketplace services for free [...]
Exclusive sitdown: Inflation is forcing advertisers to make some tough choices, warns Ebiquity’s boss January 10, 2023 As inflation hit the highest levels in decades in the UK last year, and across large parts of the world, and the cost of living crisis is eating up the household budgets of millions of Brits, many industries are increasingly suffering. That won’t be any different in 2023 and the advertising space is no exception. [...]
A third of gig economy couriers and delivery drivers have no savings June 9, 2021 Around 30 per cent of gig economy drivers, riders and couriers across Europe had no savings in the first half of 2021. Almost half of the 10,000 workers surveyed had experienced a claimable event such as an accident. Of these, only 12 per cent had actually made a claim and 69 per cent had a [...]
ii view: Sales boom at Amazon, but so do costs July 26, 2019 By Keith Bowman from interactive investor. Rising costs and disappointing profits overshadow further sales growth at the online retailer. Second-quarter results to 30 June 2019 Net sales up 20 per cent to $63.4 Operating income up 3.3 per cent to $3.1 billion Diluted earnings per share up 3 per cent to $5.22 Chief executive Jeff Bezos said: “Customers [...]
SpaceX and Nasa launch astronauts in recycled rocket April 23, 2021 SpaceX and Nasa have teamed up yet again to launch four astronauts into space onboard a recycled rocket. In a landmark flight, it is the first time a rocket from a previous flight has been re-launched into space successfully. Currently on-route to the International Space Station, the Crew-2 mission is the third trip SpaceX has [...]
Best of 2021: Nomadland was the Best Picture winner for a reason January 1, 2022 Sometimes, being an Oscar favourite can be a set back for a movie. The branding of best picture implies that it must be all things to all people, leaving an inevitable disappointment in some when they find a movie that isn’t to their taste. This year is a bit different, with the nominees generally being [...]
After Facebook, what to expect from Amazon and Alphabet earnings? July 25, 2019 Facebook delivered a beat to earnings forecasts, but with the US Department of Justice launching an investigation can Big Tech continue to deliver for shareholders? Results from Facebook were even better than expected, showing that it continues to drive user growth and ad revenue growth. Facebook is still loved by advertisers. Remember it’s not just Facebook [...]
Dublin vows to block EU-South American trade deal as the Amazon burns August 23, 2019 Irish Prime Minister Leo Varadkar has promised to vote against a trade deal between the EU and South American countries unless Brazil moves to protect its rainforest. The PM said he was worried about the record levels of destruction in the Amazon, amid fires that are ripping through the forest. He said Ireland will closely [...]
Sunak ‘confident’ of tech tax progress ahead of G7 finance meeting June 4, 2021 Chancellor Rishi Sunak has said he is “confident” of making “concrete progress” towards a global deal for taxing digital giants when the G7 finance ministers meet over the weekend. Taxing firms such as Amazon and Facebook has become an area of disagreement between the US and a number of other countries. Earlier this week the [...]
Making it online as an artist – and into the metaverse March 7, 2022 It's a difficult ascent to making it as a digital artist on the way to the metaverse, so Kritarth Chhabra and Jakob Seeger made Lemonade.