Digital advertising is growing faster than the world’s largest ad-buying agency expected it to, but the market remains dominated by three tech giants: Google, Meta Platforms (formerly Facebook) and Amazon, according to new estimates released by WPP’s GroupM. China, where digital represents about 90% of ad spending, is also driving this shift. In a new report, the agency said digital...
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Pinterest’s Tardy CEO Shakeup
What timing! No one could say they were surprised that Ben Silbermann is stepping down as CEO of Pinterest—that’s something we’ve expected for a while. After all, while he and his co-founder, Evan Sharp, built the business into a public company worth $13 billion—even after the stock plunge of recent months—Silbermann lately has been grappling with falling user numbers in the U.S. No, what is...
FCC Commissioner Calls on Apple, Google to Remove TikTok From App Stores
Email App Front Doubles Valuation to $1.7 Billion
Disney’s Board Renews Chapek’s Contract for Three Years
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